ORG Partners LLC Invests $2.45 Million in iShares Floating Rate Bond ETF (BATS:FLOT)

ORG Partners LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 48,092 shares of the company’s stock, valued at approximately $2,446,000.

Several other large investors have also recently made changes to their positions in the company. US Financial Advisors LLC grew its position in iShares Floating Rate Bond ETF by 2.8% in the fourth quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock worth $3,990,000 after acquiring an additional 2,128 shares in the last quarter. Private Wealth Partners LLC grew its position in iShares Floating Rate Bond ETF by 15.4% in the fourth quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock worth $759,000 after acquiring an additional 2,000 shares in the last quarter. Csenge Advisory Group grew its position in iShares Floating Rate Bond ETF by 3.1% in the second quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after acquiring an additional 953 shares in the last quarter. Foundations Investment Advisors LLC grew its position in iShares Floating Rate Bond ETF by 14.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock worth $429,000 after acquiring an additional 1,051 shares in the last quarter. Finally, SRS Capital Advisors Inc. grew its position in iShares Floating Rate Bond ETF by 444.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock worth $41,000 after acquiring an additional 654 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

FLOT traded up $0.03 on Wednesday, hitting $50.86. The company had a trading volume of 909,615 shares. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business’s fifty day simple moving average is $50.96 and its 200 day simple moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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