iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,165 shares of the company’s stock after acquiring an additional 1,086 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,071,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 156.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock worth $150,676,000 after acquiring an additional 1,804,501 shares during the period. Northern Trust Corp raised its stake in shares of iShares Floating Rate Bond ETF by 24.0% during the 3rd quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock worth $186,995,000 after buying an additional 712,205 shares during the last quarter. TRUE Private Wealth Advisors purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $29,553,000. Cape Cod Five Cents Savings Bank grew its stake in iShares Floating Rate Bond ETF by 103.7% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock valued at $42,791,000 after acquiring an additional 427,981 shares during the last quarter. Finally, Greystone Financial Group LLC increased its holdings in iShares Floating Rate Bond ETF by 7,095.7% during the 3rd quarter. Greystone Financial Group LLC now owns 302,077 shares of the company’s stock valued at $15,373,000 after acquiring an additional 297,879 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS FLOT traded up $0.02 on Friday, hitting $50.90. The company’s stock had a trading volume of 942,290 shares. The stock has a 50 day moving average of $50.96 and a 200-day moving average of $50.82. 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 business also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2559 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

iShares Floating Rate Bond ETF Company 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.