Hoge Financial Services LLC Boosts Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Hoge Financial Services LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 149,565 shares of the company’s stock after buying an additional 7,209 shares during the period. iShares Floating Rate Bond ETF makes up 5.6% of Hoge Financial Services LLC’s holdings, making the stock its 7th biggest holding. Hoge Financial Services LLC’s holdings in iShares Floating Rate Bond ETF were worth $7,610,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. WBH Advisory Inc. increased its holdings in iShares Floating Rate Bond ETF by 28.4% in the fourth quarter. WBH Advisory Inc. now owns 19,132 shares of the company’s stock worth $973,000 after purchasing an additional 4,237 shares in the last quarter. JFS Wealth Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at $540,000. J.W. Cole Advisors Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 20.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 30,693 shares of the company’s stock valued at $1,562,000 after acquiring an additional 5,276 shares during the period. Valmark Advisers Inc. boosted its stake in iShares Floating Rate Bond ETF by 46.4% during the fourth quarter. Valmark Advisers Inc. now owns 12,228 shares of the company’s stock worth $622,000 after acquiring an additional 3,875 shares in the last quarter. Finally, L.M. Kohn & Company acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth $685,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT opened at $51.01 on Monday. The company has a fifty day moving average price of $50.94 and a two-hundred day moving average price of $50.94. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2021 per share. The ex-dividend date was Monday, February 3rd.

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.