Carroll Financial Associates Inc. Boosts Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Carroll Financial Associates Inc. boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 66,666 shares of the company’s stock after purchasing an additional 4,673 shares during the quarter. Carroll Financial Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $3,397,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TCG Advisors LP raised its stake in shares of iShares Floating Rate Bond ETF by 380.9% during the second quarter. TCG Advisors LP now owns 654 shares of the company’s stock valued at $33,000 after purchasing an additional 518 shares during the period. Bedel Financial Consulting Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 2,954.5% during the second quarter. Bedel Financial Consulting Inc. now owns 672 shares of the company’s stock valued at $34,000 after purchasing an additional 650 shares during the period. Coastal Capital Group Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $50,000. Spence Asset Management purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $65,000. Finally, HMS Capital Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $79,000.

Shares of FLOT traded up $0.01 during mid-day trading on Wednesday, reaching $50.88. 380,510 shares of the stock traded hands. The stock has a fifty day simple moving average of $50.90 and a 200 day simple moving average of $50.88. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

The company also recently disclosed a — dividend, which was paid on Monday, September 9th. Stockholders of record on Wednesday, September 4th were paid a dividend of $0.1257 per share. The ex-dividend date was Tuesday, September 3rd. This represents a dividend yield of 2.9%.

Further Reading: Roth IRA

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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