Alliance Wealth Management Group Has $12.27 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Alliance Wealth Management Group lowered its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 240,330 shares of the company’s stock after selling 3,293 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 3.2% of Alliance Wealth Management Group’s holdings, making the stock its 8th largest holding. Alliance Wealth Management Group’s holdings in iShares Floating Rate Bond ETF were worth $12,266,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FLOT. Cetera Investment Advisers lifted its position in shares of iShares Floating Rate Bond ETF by 409.4% in the 1st quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock worth $43,786,000 after acquiring an additional 689,212 shares during the period. Jane Street Group LLC grew its position in iShares Floating Rate Bond ETF by 155.2% in the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock valued at $44,550,000 after acquiring an additional 530,610 shares during the period. US Bancorp DE lifted its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock valued at $31,897,000 after acquiring an additional 368,596 shares during the period. TRUE Private Wealth Advisors boosted its stake 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 purchasing an additional 323,386 shares in the last quarter. Finally, LPL Financial LLC grew 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 worth $178,620,000 after purchasing an additional 298,003 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.04 on Monday. The company’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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