OLD National Bancorp IN Sells 468 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

OLD National Bancorp IN lowered its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.5% in the 4th quarter, Holdings Channel reports. The fund owned 31,739 shares of the company’s stock after selling 468 shares during the quarter. OLD National Bancorp IN’s holdings in iShares Floating Rate Bond ETF were worth $1,607,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. CWM LLC grew its stake in shares of iShares Floating Rate Bond ETF by 62.4% in the 4th quarter. CWM LLC now owns 251,880 shares of the company’s stock worth $12,750,000 after buying an additional 96,787 shares during the last quarter. Obsidian Personal Planning Solutions LLC grew its stake in shares of iShares Floating Rate Bond ETF by 1.0% in the 4th quarter. Obsidian Personal Planning Solutions LLC now owns 98,767 shares of the company’s stock worth $5,000,000 after buying an additional 968 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 7.2% in the 4th quarter. Verdence Capital Advisors LLC now owns 75,122 shares of the company’s stock worth $3,803,000 after buying an additional 5,056 shares during the last quarter. Carmel Capital Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF by 11.3% in the 4th quarter. Carmel Capital Partners LLC now owns 125,851 shares of the company’s stock worth $6,371,000 after buying an additional 12,753 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 3.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 14,345 shares of the company’s stock worth $726,000 after buying an additional 426 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.02 on Tuesday. The business’s fifty day simple moving average is $50.94 and its two-hundred day simple moving average is $50.81. 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 announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

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.