iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,646 shares of the company’s stock after acquiring an additional 1,481 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,156,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in FLOT. WealthTrust Asset Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 9.7% during the 1st quarter. WealthTrust Asset Management LLC now owns 138,810 shares of the company’s stock worth $7,088,000 after buying an additional 12,222 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of iShares Floating Rate Bond ETF by 11.5% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 52,730 shares of the company’s stock valued at $2,692,000 after acquiring an additional 5,430 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in iShares Floating Rate Bond ETF during the first quarter worth $4,385,000. Financial Counselors Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 514.7% during the first quarter. Financial Counselors Inc. now owns 24,833 shares of the company’s stock worth $1,268,000 after purchasing an additional 20,793 shares during the period. Finally, Haverford Trust Co lifted its position in shares of iShares Floating Rate Bond ETF by 5.3% in the 1st quarter. Haverford Trust Co now owns 1,186,233 shares of the company’s stock worth $60,569,000 after buying an additional 59,769 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of BATS FLOT traded up $0.01 during midday trading on Wednesday, hitting $50.93. The company’s stock had a trading volume of 876,608 shares. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The firm’s fifty day moving average price is $50.98 and its 200-day moving average price is $50.92.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a $0.2494 dividend. The ex-dividend date of this dividend was Monday, July 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.