Ladenburg Thalmann Financial Services Inc. grew its stake in iShares Trust (BATS:FLOT) by 30.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 228,535 shares of the company’s stock after acquiring an additional 53,669 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in iShares Trust were worth $11,613,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently made changes to their positions in FLOT. Sterling Investment Advisors Ltd. lifted its stake in iShares Trust by 112.1% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 2,000 shares of the company’s stock valued at $102,000 after buying an additional 1,057 shares in the last quarter. Exane Derivatives bought a new stake in shares of iShares Trust in the fourth quarter worth $153,000. First Hawaiian Bank bought a new stake in iShares Trust during the fourth quarter worth $202,000. 180 Wealth Advisors LLC bought a new stake in iShares Trust during the fourth quarter worth $223,000. Finally, Bessemer Group Inc. bought a new stake in iShares Trust during the fourth quarter worth $244,000.
BATS:FLOT opened at $50.89 on Friday. iShares Trust has a one year low of $50.76 and a one year high of $51.10.
The company also recently disclosed a monthly dividend, which was paid on Friday, April 6th. Shareholders of record on Tuesday, April 3rd were paid a dividend of $0.0824 per share. This represents a $0.99 dividend on an annualized basis and a yield of 1.94%. This is an increase from iShares Trust’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, April 2nd.
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