iShares Floating Rate Bond ETF (BATS:FLOT) Stock Position Lowered by Rise Advisors LLC

Rise Advisors LLC decreased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 13,017 shares of the company’s stock after selling 720 shares during the period. iShares Floating Rate Bond ETF comprises about 0.3% of Rise Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Rise Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $664,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of iShares Floating Rate Bond ETF by 9.3% in the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock worth $178,620,000 after purchasing an additional 298,003 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Floating Rate Bond ETF by 12.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after buying an additional 215,886 shares in the last quarter. Hsbc Holdings PLC lifted its position in iShares Floating Rate Bond ETF by 18.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after buying an additional 194,624 shares in the last quarter. Haverford Trust Co grew its holdings in shares of iShares Floating Rate Bond ETF by 5.3% during the 1st quarter. Haverford Trust Co now owns 1,186,233 shares of the company’s stock valued at $60,569,000 after acquiring an additional 59,769 shares in the last quarter. Finally, TRUE Private Wealth Advisors grew its holdings in shares of iShares Floating Rate Bond ETF by 39.6% during the 2nd quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after acquiring an additional 323,386 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of BATS:FLOT opened at $50.91 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business has a fifty day simple moving average of $50.92 and a 200 day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares Floating Rate Bond ETF

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.