Realta Investment Advisors Trims Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Realta Investment Advisors trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 95.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 524 shares of the company’s stock after selling 11,505 shares during the period. Realta Investment Advisors’ holdings in iShares Floating Rate Bond ETF were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of FLOT. Sequoia Financial Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 12.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 6,771 shares of the company’s stock valued at $346,000 after buying an additional 755 shares in the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of iShares Floating Rate Bond ETF by 8.0% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 3,695 shares of the company’s stock valued at $189,000 after purchasing an additional 275 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares Floating Rate Bond ETF by 70.5% during the 1st quarter. BNP Paribas Financial Markets now owns 77,567 shares of the company’s stock valued at $3,961,000 after purchasing an additional 32,065 shares in the last quarter. Financial Counselors Inc. grew its position in shares of iShares Floating Rate Bond ETF by 514.7% during the 1st quarter. Financial Counselors Inc. now owns 24,833 shares of the company’s stock valued at $1,268,000 after purchasing an additional 20,793 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of iShares Floating Rate Bond ETF by 11.5% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 52,730 shares of the company’s stock valued at $2,692,000 after purchasing an additional 5,430 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.85 on Monday. The company has a fifty day moving average price of $50.95 and a 200-day moving average price of $50.97. 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 company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given 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 of this dividend was Tuesday, September 3rd.

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.