iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by Callahan Advisors LLC

Callahan Advisors LLC grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 109.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,662 shares of the company’s stock after buying an additional 17,554 shares during the quarter. Callahan Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,718,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. LPL Financial LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 9.3% in the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after buying an additional 298,003 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of 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 valued at $100,545,000 after buying an additional 215,886 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of 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 valued at $64,358,000 after buying an additional 194,624 shares during the period. TRUE Private Wealth Advisors lifted its holdings in shares of iShares Floating Rate Bond ETF by 39.6% in the 2nd quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after buying an additional 323,386 shares during the period. Finally, Cetera Investment Advisers raised its holdings in iShares Floating Rate Bond ETF by 13.8% during the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock worth $49,860,000 after purchasing an additional 118,392 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of FLOT stock opened at $50.90 on Wednesday. The stock has a fifty day moving average price of $50.95 and a 200 day moving average price of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend 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.