4,001 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Bought by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,001 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors also recently bought and sold shares of FLOT. Scarborough Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 1,437.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock valued at $65,773,000 after acquiring an additional 1,214,838 shares in the last quarter. Cetera Investment Advisers raised its position in shares of iShares Floating Rate Bond ETF by 409.4% in the first quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock valued at $43,786,000 after purchasing an additional 689,212 shares during the period. Northern Trust Corp lifted its stake in shares of iShares Floating Rate Bond ETF by 17.3% in the fourth quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock worth $218,203,000 after buying an additional 636,112 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 155.2% in the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock worth $44,550,000 after buying an additional 530,610 shares during the last quarter. Finally, TRUE Private Wealth Advisors boosted its holdings in shares of iShares Floating Rate Bond ETF by 39.6% during the 2nd 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 during the period.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of FLOT opened at $50.93 on Tuesday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The company’s fifty day moving average price is $50.94 and its 200 day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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

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.