ETF Store Inc. Has $1.96 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

ETF Store Inc. decreased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,333 shares of the company’s stock after selling 2,594 shares during the quarter. iShares Floating Rate Bond ETF accounts for approximately 2.0% of ETF Store Inc.’s holdings, making the stock its 14th biggest holding. ETF Store Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,956,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FLOT. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $27,000. Pineridge Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 172.0% in 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. Eastern Bank bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $41,000. Opal Wealth Advisors LLC bought a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth about $50,000. Finally, LRI Investments LLC bought a new stake in iShares Floating Rate Bond ETF during the 1st quarter worth about $82,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.96 on Monday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The company’s 50-day moving average price is $50.95 and its two-hundred day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.26 per share. The ex-dividend date 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

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.