EverSource Wealth Advisors LLC Raises Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

EverSource Wealth Advisors LLC raised its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 75,611 shares of the company’s stock after purchasing an additional 4,744 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,859,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. First Horizon Advisors Inc. boosted its position in iShares Floating Rate Bond ETF by 28.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 7,455 shares of the company’s stock valued at $381,000 after buying an additional 1,658 shares during the period. Thompson Davis & CO. Inc. grew its stake in iShares Floating Rate Bond ETF by 46.9% during the 3rd quarter. Thompson Davis & CO. Inc. now owns 13,512 shares of the company’s stock worth $690,000 after purchasing an additional 4,312 shares in the last quarter. Wrapmanager Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 22.1% during the third quarter. Wrapmanager Inc. now owns 45,794 shares of the company’s stock worth $2,337,000 after buying an additional 8,291 shares during the period. Finally, Prospera Financial Services Inc increased its position in shares of iShares Floating Rate Bond ETF by 233.3% in the 3rd quarter. Prospera Financial Services Inc now owns 15,579 shares of the company’s stock valued at $795,000 after purchasing an additional 10,905 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of BATS:FLOT traded up $0.01 on Wednesday, hitting $50.99. 955,128 shares of the company’s stock were exchanged. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The firm’s 50-day moving average is $50.95 and its 200 day moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost 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.