Calton & Associates Inc. Sells 3,344 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Calton & Associates Inc. decreased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 28.9% in the third quarter, Holdings Channel.com reports. The fund owned 8,246 shares of the company’s stock after selling 3,344 shares during the period. Calton & Associates Inc.’s holdings in iShares Floating Rate Bond ETF were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Financial Life Advisors boosted its position in shares of iShares Floating Rate Bond ETF by 9.6% during the third quarter. Financial Life Advisors now owns 4,932 shares of the company’s stock worth $252,000 after acquiring an additional 431 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth $651,000. GFG Capital LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at $2,697,000. Western Financial Corp CA lifted its position in iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after purchasing an additional 256 shares during the last quarter. Finally, Narus Financial Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF by 27.6% in the 3rd quarter. Narus Financial Partners LLC now owns 7,053 shares of the company’s stock worth $360,000 after buying an additional 1,526 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS FLOT traded up $0.01 during mid-day trading on Tuesday, hitting $50.96. 601,500 shares of the company’s stock traded hands. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The company’s 50-day moving average is $50.94 and its two-hundred day moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed 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 an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

iShares Floating Rate Bond ETF 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.