Jane Street Group LLC Increases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Jane Street Group LLC boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 155.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 872,495 shares of the company’s stock after acquiring an additional 530,610 shares during the quarter. Jane Street Group LLC owned 0.61% of iShares Floating Rate Bond ETF worth $44,550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 1,437.5% in the fourth quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock worth $65,773,000 after acquiring an additional 1,214,838 shares in the last quarter. Northern Trust Corp increased its position in iShares Floating Rate Bond ETF by 17.3% in the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock valued at $218,203,000 after acquiring an additional 636,112 shares during the period. Apollon Wealth Management LLC increased its position in iShares Floating Rate Bond ETF by 3,178.1% in the 4th quarter. Apollon Wealth Management LLC now owns 566,559 shares of the company’s stock valued at $28,679,000 after acquiring an additional 549,276 shares during the period. Angeles Investment Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the 4th quarter valued at approximately $20,881,000. Finally, TCP Asset Management LLC boosted its stake in iShares Floating Rate Bond ETF by 1,185.9% during the 1st quarter. TCP Asset Management LLC now owns 285,081 shares of the company’s stock valued at $14,556,000 after purchasing an additional 262,911 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT traded up $0.01 on Thursday, reaching $51.11. 3,792,147 shares of the stock traded hands. The firm’s fifty day simple moving average is $51.00 and its 200 day simple moving average 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.2494 per share. 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.