iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Hoylecohen LLC

Hoylecohen LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 12.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,702 shares of the company’s stock after buying an additional 2,160 shares during the period. Hoylecohen LLC’s holdings in iShares Floating Rate Bond ETF were worth $997,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 156.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock worth $150,676,000 after purchasing an additional 1,804,501 shares in the last quarter. Northern Trust Corp lifted its position in shares of iShares Floating Rate Bond ETF by 24.0% during the 3rd quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock valued at $186,995,000 after acquiring an additional 712,205 shares during the last quarter. TRUE Private Wealth Advisors acquired a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $29,553,000. Apollon Wealth Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 3,178.1% during the 4th quarter. Apollon Wealth Management LLC now owns 566,559 shares of the company’s stock worth $28,679,000 after acquiring an additional 549,276 shares in the last quarter. Finally, Cape Cod Five Cents Savings Bank grew its holdings in shares of iShares Floating Rate Bond ETF by 103.7% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock worth $42,791,000 after acquiring an additional 427,981 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS:FLOT traded up $0.04 during midday trading on Friday, reaching $51.10. The company had a trading volume of 926,704 shares. The company has a fifty day simple moving average of $50.98 and a two-hundred day simple moving average of $50.85. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2559 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

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.