iShares Floating Rate Bond ETF (BATS:FLOT) Stake Lowered by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise trimmed its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 32.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,470 shares of the company’s stock after selling 1,665 shares during the quarter. Banque Cantonale Vaudoise’s holdings in iShares Floating Rate Bond ETF were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in FLOT. Scarborough Advisors LLC boosted its stake in iShares Floating Rate Bond ETF by 1,437.5% during the 4th quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock valued at $65,773,000 after purchasing an additional 1,214,838 shares during the period. Cetera Investment Advisers raised its position in shares of iShares Floating Rate Bond ETF by 409.4% during the 1st quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock worth $43,786,000 after buying an additional 689,212 shares in the last quarter. Northern Trust Corp lifted its stake in shares of iShares Floating Rate Bond ETF by 17.3% in the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock worth $218,203,000 after acquiring an additional 636,112 shares during the period. Jane Street Group LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 155.2% in the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock valued at $44,550,000 after acquiring an additional 530,610 shares in the last quarter. Finally, TRUE Private Wealth Advisors increased its stake in shares of iShares Floating Rate Bond ETF by 39.6% during the second quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after acquiring an additional 323,386 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.81 on Wednesday. The stock’s 50 day moving average price is $50.95 and its 200 day moving average price is $50.97. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be issued a $0.26 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date is Tuesday, September 3rd.

iShares Floating Rate Bond ETF 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.