Arete Wealth Advisors LLC Buys New Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Arete Wealth Advisors LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,393 shares of the company’s stock, valued at approximately $373,000.

Other large investors have also recently bought and sold shares of the company. CreativeOne Wealth LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 52.9% during the fourth quarter. CreativeOne Wealth LLC now owns 176,395 shares of the company’s stock worth $8,878,000 after purchasing an additional 61,021 shares during the last quarter. Occidental Asset Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the first quarter worth about $6,587,000. Balentine LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the first quarter worth about $103,000. Fifth Third Bancorp grew its holdings in shares of iShares Floating Rate Bond ETF by 33.3% during the first quarter. Fifth Third Bancorp now owns 3,343 shares of the company’s stock worth $168,000 after buying an additional 836 shares during the last quarter. Finally, Money Concepts Capital Corp grew its holdings in shares of iShares Floating Rate Bond ETF by 250.6% during the first quarter. Money Concepts Capital Corp now owns 175,972 shares of the company’s stock worth $1,720,000 after buying an additional 125,782 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $50.75 on Monday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The business’s 50-day moving average price is $50.72 and its 200 day moving average price is $50.56.

iShares Floating Rate Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, July 10th. Investors of record on Wednesday, July 5th were issued a dividend of $0.2341 per share. The ex-dividend date was Monday, July 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.