Calton & Associates Inc. Sells 534 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Calton & Associates Inc. trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 11,590 shares of the company’s stock after selling 534 shares during the period. Calton & Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in FLOT. Naples Global Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 3.9% in the first quarter. Naples Global Advisors LLC now owns 5,280 shares of the company’s stock valued at $270,000 after buying an additional 200 shares in the last quarter. Haverford Financial Services Inc. boosted its position in iShares Floating Rate Bond ETF by 3.6% during the fourth quarter. Haverford Financial Services Inc. now owns 5,962 shares of the company’s stock worth $302,000 after purchasing an additional 208 shares during the period. Shira Ridge Wealth Management grew its stake in iShares Floating Rate Bond ETF by 0.3% in the 1st quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock valued at $3,933,000 after buying an additional 258 shares in the last quarter. Schwab Charitable Fund grew its position in shares of iShares Floating Rate Bond ETF by 1.0% in the first quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock valued at $1,384,000 after purchasing an additional 265 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 8.0% in the first quarter. Concourse Financial Group Securities Inc. now owns 3,695 shares of the company’s stock worth $189,000 after buying an additional 275 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of FLOT traded up $0.03 during mid-day trading on Friday, reaching $50.91. 842,086 shares of the stock traded hands. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm has a fifty day moving average price of $50.95 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.2494 per share. The ex-dividend date was Monday, July 1st.

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.