iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Renaissance Technologies LLC

Posted by Gary Stephens on Sep 17th, 2024

Renaissance Technologies LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 0.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,454,300 shares of the company’s stock after selling 1,200 shares during the period. Renaissance Technologies LLC owned 1.01% of iShares Floating Rate Bond ETF worth $74,300,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Pineridge Advisors LLC raised its position in shares of iShares Floating Rate Bond ETF by 172.0% during the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after purchasing an additional 430 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $50,000. LRI Investments LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter valued at $82,000. Cove Street Capital LLC acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at $111,000. Finally, Principal Securities Inc. acquired a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at $143,000.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of FLOT opened at $50.93 on Tuesday. The stock has a fifty day moving average of $50.94 and a two-hundred day moving average of $50.96. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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

iShares Floating Rate Bond ETF Profile

(Free Report)

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.