iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,038 shares of the company’s stock after purchasing an additional 3,086 shares during the quarter. iShares Floating Rate Bond ETF comprises approximately 1.4% of Glass Jacobson Investment Advisors llc’s holdings, making the stock its 10th largest holding. Glass Jacobson Investment Advisors llc’s holdings in iShares Floating Rate Bond ETF were worth $3,834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Aveo Capital Partners LLC acquired a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $592,000. Principal Financial Group Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 12.3% in the 4th quarter. Principal Financial Group Inc. now owns 54,975 shares of the company’s stock valued at $2,783,000 after buying an additional 6,000 shares during the period. D.A. Davidson & CO. increased its position in shares of iShares Floating Rate Bond ETF by 6.3% in the 4th quarter. D.A. Davidson & CO. now owns 34,059 shares of the company’s stock valued at $1,724,000 after buying an additional 2,025 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in iShares Floating Rate Bond ETF by 16.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 50,762 shares of the company’s stock worth $2,570,000 after buying an additional 7,188 shares during the period. Finally, Union Savings Bank raised its stake in iShares Floating Rate Bond ETF by 5.0% during the 4th quarter. Union Savings Bank now owns 31,587 shares of the company’s stock worth $1,599,000 after buying an additional 1,510 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $50.97 on Thursday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock has a 50-day moving average price of $50.94 and a two-hundred day moving average price of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed 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 an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.