Stony Point Wealth Management Inc. Sells 1,215 Shares of iShares Floating Rate Bond ETF (FLOT)

Stony Point Wealth Management Inc. lessened its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,016 shares of the company’s stock after selling 1,215 shares during the quarter. iShares Floating Rate Bond ETF makes up about 0.9% of Stony Point Wealth Management Inc.’s portfolio, making the stock its 29th biggest position. Stony Point Wealth Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,174,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FLOT. Blair William & Co. IL acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $125,000. Financial Gravity Wealth Inc. acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $125,000. Zurich Insurance Group Ltd FI acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $133,000. Piedmont Investment Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $142,000. Finally, Clarus Wealth Advisors acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $161,000.

iShares Floating Rate Bond ETF stock traded up $0.01 during midday trading on Friday, reaching $50.96. The stock had a trading volume of 698,233 shares. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

The company also recently announced a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a $0.1105 dividend. This represents a $1.33 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend was Monday, October 1st.

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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT).

Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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