iShares Floating Rate Bond ETF (BATS:FLOT) Position Reduced by Avior Wealth Management LLC

Avior Wealth Management LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 168,817 shares of the company’s stock after selling 2,340 shares during the period. Avior Wealth Management LLC owned approximately 0.12% of iShares Floating Rate Bond ETF worth $8,616,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Csenge Advisory Group raised its holdings in shares of iShares Floating Rate Bond ETF by 3.1% in the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after purchasing an additional 953 shares in the last quarter. HTLF Bank bought a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at $301,000. Quadrature Capital Ltd acquired a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $809,000. Lionsbridge Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth $1,154,000. Finally, Principal Financial Group Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 79.2% in the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after acquiring an additional 18,600 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.98 on Tuesday. The stock’s fifty day moving average is $50.95 and its 200-day moving average 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. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.26 per share. This is a positive change 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 Company 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.