Certified Advisory Corp Decreases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Certified Advisory Corp lessened its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 9,919 shares of the company’s stock after selling 656 shares during the period. Certified Advisory Corp’s holdings in iShares Floating Rate Bond ETF were worth $506,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Quadrature Capital Ltd purchased a new stake in shares of iShares Floating Rate Bond ETF in the first quarter valued at approximately $809,000. LRI Investments LLC purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at $82,000. B. Riley Wealth Advisors Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 174.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 122,561 shares of the company’s stock worth $6,237,000 after acquiring an additional 77,886 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of 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 worth $44,550,000 after acquiring an additional 530,610 shares during the period. Finally, Coppell Advisory Solutions Corp. acquired a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at about $265,000.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $51.04 on Friday. The company has a 50-day moving average price of $50.96 and a 200 day moving average price of $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 company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend 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.