Advocacy Wealth Management Services LLC Sells 41,085 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Advocacy Wealth Management Services LLC lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 26.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 117,050 shares of the company’s stock after selling 41,085 shares during the period. iShares Floating Rate Bond ETF comprises approximately 0.5% of Advocacy Wealth Management Services LLC’s holdings, making the stock its 23rd largest position. Advocacy Wealth Management Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,974,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Csenge Advisory Group boosted its holdings in iShares Floating Rate Bond ETF by 3.1% in the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after buying an additional 953 shares during the period. HTLF Bank purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter worth $301,000. Quadrature Capital Ltd purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter worth $809,000. Lionsbridge Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter worth $1,154,000. Finally, Principal Financial Group Inc. lifted its stake in iShares Floating Rate Bond ETF by 79.2% in the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after purchasing an additional 18,600 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of FLOT stock opened at $50.90 on Friday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The company’s fifty day simple moving average is $50.94 and its two-hundred day simple moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.