Cerity Partners LLC Has $425,000 Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Cerity Partners LLC grew its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 37.5% during the 4th quarter, Holdings Channel reports. The firm owned 8,390 shares of the company’s stock after buying an additional 2,287 shares during the period. Cerity Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $425,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FLOT. Private Trust Co. NA increased its position in shares of iShares Floating Rate Bond ETF by 17.5% during the 3rd quarter. Private Trust Co. NA now owns 4,899 shares of the company’s stock worth $249,000 after purchasing an additional 729 shares during the last quarter. Virginia National Bank boosted its stake in shares of iShares Floating Rate Bond ETF by 47.6% during the 3rd quarter. Virginia National Bank now owns 21,062 shares of the company’s stock worth $1,072,000 after acquiring an additional 6,788 shares during the period. MBM Wealth Consultants LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 15.6% during the 3rd quarter. MBM Wealth Consultants LLC now owns 127,685 shares of the company’s stock worth $6,476,000 after acquiring an additional 17,224 shares during the period. Connecticut Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $1,196,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 2.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 342,754 shares of the company’s stock worth $17,443,000 after acquiring an additional 6,841 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.1 %

Shares of BATS FLOT opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The stock has a 50 day moving average of $50.95 and a 200-day moving average of $50.81.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

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.