iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Western Financial Corp CA

Western Financial Corp CA raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 13,592 shares of the company’s stock after purchasing an additional 256 shares during the quarter. Western Financial Corp CA’s holdings in iShares Floating Rate Bond ETF were worth $694,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Csenge Advisory Group increased its stake 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 valued at $1,617,000 after buying an additional 953 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 47.8% during the first quarter. Park Avenue Securities LLC now owns 30,116 shares of the company’s stock worth $1,538,000 after purchasing an additional 9,736 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in iShares Floating Rate Bond ETF by 12.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,771 shares of the company’s stock valued at $346,000 after buying an additional 755 shares during the period. HTLF Bank acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth approximately $301,000. Finally, Quadrature Capital Ltd purchased a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $809,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

BATS:FLOT traded up $0.01 during trading hours on Monday, hitting $50.95. The stock had a trading volume of 852,520 shares. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The business has a 50 day simple moving average of $50.93 and a two-hundred day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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