Advocacy Wealth Management Services LLC Lowers Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Advocacy Wealth Management Services LLC trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 26.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 117,050 shares of the company’s stock after selling 41,085 shares during the period. iShares Floating Rate Bond ETF makes up approximately 0.5% of Advocacy Wealth Management Services LLC’s holdings, making the stock its 23rd largest position. Advocacy Wealth Management Services LLC owned approximately 0.08% of iShares Floating Rate Bond ETF worth $5,974,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Moisand Fitzgerald Tamayo LLC purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $27,000. Pineridge Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 172.0% in the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 430 shares during the last quarter. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $41,000. Opal Wealth Advisors LLC purchased a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth approximately $50,000. Finally, LRI Investments LLC purchased a new position in iShares Floating Rate Bond ETF in the 1st quarter worth approximately $82,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.90 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The company has a 50 day moving average of $50.94 and a 200 day moving average of $50.96.

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 $0.26 dividend. 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.

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.