Cetera Investment Advisers Increases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Cetera Investment Advisers grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 409.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 857,542 shares of the company’s stock after buying an additional 689,212 shares during the period. Cetera Investment Advisers’ holdings in iShares Floating Rate Bond ETF were worth $43,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Scarborough Advisors LLC grew its holdings 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 valued at $65,773,000 after purchasing an additional 1,214,838 shares in the last quarter. Northern Trust Corp increased its holdings in shares of 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 worth $218,203,000 after buying an additional 636,112 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 3,178.1% during the 4th quarter. Apollon Wealth Management LLC now owns 566,559 shares of the company’s stock valued at $28,679,000 after buying an additional 549,276 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 155.2% in the 1st quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock valued at $44,550,000 after acquiring an additional 530,610 shares during the last quarter. Finally, Angeles Investment Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at about $20,881,000.

iShares Floating Rate Bond ETF Trading Down 0.2 %

BATS FLOT traded down $0.09 during trading hours on Friday, hitting $50.75. 2,023,573 shares of the company were exchanged. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock has a 50-day moving average price of $50.99 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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

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.