Nations Financial Group Inc. IA ADV Boosts Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Nations Financial Group Inc. IA ADV lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 19.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,465 shares of the company’s stock after buying an additional 4,080 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares Floating Rate Bond ETF were worth $1,300,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in iShares Floating Rate Bond ETF by 9.3% during the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after purchasing an additional 298,003 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Floating Rate Bond ETF by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock valued at $100,545,000 after buying an additional 215,886 shares during the last quarter. Hsbc Holdings PLC increased its holdings in iShares Floating Rate Bond ETF by 18.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after buying an additional 194,624 shares during the period. TRUE Private Wealth Advisors raised its position in iShares Floating Rate Bond ETF by 39.6% during the 2nd 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 last quarter. Finally, Cetera Investment Advisers lifted its stake in iShares Floating Rate Bond ETF by 13.8% during the 2nd quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock valued at $49,860,000 after acquiring an additional 118,392 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.0 %

BATS:FLOT opened at $50.94 on Wednesday. The company’s fifty day moving average price is $50.94 and its 200-day moving average price is $50.96. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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

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.