iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,406,304 shares of the company’s stock after selling 89,882 shares during the period. LPL Financial LLC’s holdings in iShares Floating Rate Bond ETF were worth $173,858,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FLOT. Cetera Investment Advisers raised its holdings in iShares Floating Rate Bond ETF by 409.4% during the first quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock worth $43,786,000 after purchasing an additional 689,212 shares in the last quarter. Jane Street Group LLC grew its holdings in iShares Floating Rate Bond ETF by 155.2% during the 1st quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock valued at $44,550,000 after buying an additional 530,610 shares during the last quarter. US Bancorp DE grew its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after buying an additional 368,596 shares in the last quarter. TRUE Private Wealth Advisors boosted its holdings 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 purchasing an additional 323,386 shares during the last quarter. Finally, Hartline Investment Corp grew its holdings in iShares Floating Rate Bond ETF by 284.6% in the 3rd quarter. Hartline Investment Corp now owns 398,935 shares of the company’s stock valued at $20,362,000 after buying an additional 295,204 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The stock’s fifty day simple moving average is $50.95 and its 200 day simple moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.26 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.