First Heartland Consultants Inc. Boosts Position in iShares Floating Rate Bond ETF (BATS:FLOT)

First Heartland Consultants Inc. boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 8,514 shares of the company’s stock after buying an additional 809 shares during the period. First Heartland Consultants Inc.’s holdings in iShares Floating Rate Bond ETF were worth $435,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in iShares Floating Rate Bond ETF by 9.3% in the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after buying an additional 298,003 shares during the period. Envestnet Asset Management Inc. grew its position in iShares Floating Rate Bond ETF by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock valued at $100,545,000 after acquiring an additional 215,886 shares in the last quarter. Hsbc Holdings PLC grew its position in iShares Floating Rate Bond ETF by 18.3% in the second quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock valued at $64,358,000 after acquiring an additional 194,624 shares in the last quarter. TRUE Private Wealth Advisors grew its position in shares of iShares Floating Rate Bond ETF by 39.6% during the second quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock worth $58,254,000 after buying an additional 323,386 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares Floating Rate Bond ETF by 13.8% during the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after buying an additional 118,392 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $50.94 on Wednesday. The business’s fifty day moving average price is $50.94 and its 200 day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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

iShares Floating Rate Bond ETF Profile

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.