OneDigital Investment Advisors LLC Buys 47,444 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

OneDigital Investment Advisors LLC increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 17.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 317,958 shares of the company’s stock after purchasing an additional 47,444 shares during the quarter. OneDigital Investment Advisors LLC owned 0.22% of iShares Floating Rate Bond ETF worth $16,229,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FLOT. Csenge Advisory Group increased its position in shares of iShares Floating Rate Bond ETF by 3.1% during the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock valued at $1,617,000 after purchasing an additional 953 shares during the last quarter. HTLF Bank purchased a new stake in iShares Floating Rate Bond ETF during the second quarter valued at approximately $301,000. Quadrature Capital Ltd bought a new position in iShares Floating Rate Bond ETF in the first quarter worth approximately $809,000. Lionsbridge Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth $1,154,000. Finally, Principal Financial Group Inc. grew its position in shares of iShares Floating Rate Bond ETF by 79.2% during the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock valued at $2,150,000 after acquiring an additional 18,600 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.95 on Friday. The business has a fifty day moving average price of $50.94 and a 200-day moving average price of $50.96. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one 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 issued a $0.26 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 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.