Callahan Advisors LLC Boosts Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Callahan Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 109.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,662 shares of the company’s stock after purchasing an additional 17,554 shares during the quarter. Callahan Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,718,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at $27,000. Pineridge Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 172.0% during the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after acquiring an additional 430 shares in the last quarter. Eastern Bank acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $41,000. Opal Wealth Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at about $50,000. Finally, LRI Investments LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at about $82,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT stock opened at $50.90 on Wednesday. The business’s 50-day moving average is $50.95 and its two-hundred day moving average is $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

About iShares Floating Rate Bond ETF

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.