iShares Floating Rate Bond ETF (BATS:FLOT) Position Boosted by Greystone Financial Group LLC

Greystone Financial Group LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2,294.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 136,023 shares of the company’s stock after purchasing an additional 130,342 shares during the quarter. Greystone Financial Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $6,949,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Natixis Advisors L.P. lifted its position in iShares Floating Rate Bond ETF by 2.3% in the 4th quarter. Natixis Advisors L.P. now owns 139,154 shares of the company’s stock worth $7,043,000 after buying an additional 3,089 shares in the last quarter. Aveo Capital Partners LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth $592,000. Principal Securities Inc. purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $143,000. Principal Financial Group Inc. grew its stake in iShares Floating Rate Bond ETF by 12.3% in the fourth quarter. Principal Financial Group Inc. now owns 54,975 shares of the company’s stock valued at $2,783,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Quotient Wealth Partners LLC purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $473,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock traded up $0.02 during trading on Friday, hitting $50.84. 1,726,653 shares of the stock traded hands. The company has a fifty day moving average price of $50.93 and a two-hundred day moving average price of $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.26 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, September 3rd.

About iShares Floating Rate Bond ETF

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.