Realta Investment Advisors Sells 11,505 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Realta Investment Advisors lowered its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 95.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 524 shares of the company’s stock after selling 11,505 shares during the quarter. Realta Investment Advisors’ holdings in iShares Floating Rate Bond ETF were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its stake in shares of iShares Floating Rate Bond ETF by 9.3% during the 2nd 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 during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after purchasing an additional 215,886 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of iShares Floating Rate Bond ETF by 18.3% during the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after purchasing an additional 194,624 shares during the last quarter. TRUE Private Wealth Advisors increased its stake 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 worth $58,254,000 after purchasing an additional 323,386 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its stake in shares of iShares Floating Rate Bond ETF by 3.3% during the 1st quarter. DAVENPORT & Co LLC now owns 1,068,425 shares of the company’s stock worth $54,554,000 after purchasing an additional 34,246 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.85 on Monday. The company has a 50 day moving average of $50.95 and a 200-day moving average of $50.97. 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, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.