Ameliora Wealth Management Ltd. Acquires 510 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Ameliora Wealth Management Ltd. increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,620 shares of the company’s stock after buying an additional 510 shares during the period. Ameliora Wealth Management Ltd.’s holdings in iShares Floating Rate Bond ETF were worth $593,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. SouthState Corp bought a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $32,000. Planned Solutions Inc. purchased a new position in iShares Floating Rate Bond ETF in the fourth quarter worth $33,000. SRS Capital Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 444.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock valued at $41,000 after purchasing an additional 654 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its position in iShares Floating Rate Bond ETF by 64.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after buying an additional 550 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth approximately $73,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT traded down $0.01 during mid-day trading on Friday, hitting $51.09. The stock had a trading volume of 1,093,412 shares. The company has a 50 day moving average of $51.01 and a two-hundred day moving average of $50.90. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a dividend of $0.2589 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Monday, June 3rd.

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.