Aspiriant LLC Purchases Shares of 4,079 iShares Floating Rate Bond ETF (BATS:FLOT)

Aspiriant LLC acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,079 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds and other institutional investors have also modified their holdings of FLOT. Cetera Investment Advisers raised its stake in shares of iShares Floating Rate Bond ETF by 409.4% in the 1st quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock valued at $43,786,000 after acquiring an additional 689,212 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 155.2% during the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock worth $44,550,000 after purchasing an additional 530,610 shares in the last quarter. TRUE Private Wealth Advisors boosted its position in shares of iShares Floating Rate Bond ETF by 39.6% in the second quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock worth $58,254,000 after buying an additional 323,386 shares during the period. LPL Financial LLC grew its stake in shares of iShares Floating Rate Bond ETF by 9.3% in the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after buying an additional 298,003 shares in the last quarter. Finally, Liberty Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at about $14,535,000.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.97 on Friday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The stock’s 50 day moving average price is $50.93 and its 200 day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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