Ascent Group LLC Sells 507 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Ascent Group LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 6,000 shares of the company’s stock after selling 507 shares during the period. Ascent Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $307,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Scarborough Advisors LLC boosted its stake in shares of 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 in the last quarter. Cetera Investment Advisers increased its holdings in iShares Floating Rate Bond ETF by 409.4% during the first quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock valued at $43,786,000 after buying an additional 689,212 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares Floating Rate Bond ETF by 17.3% in the fourth quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock worth $218,203,000 after purchasing an additional 636,112 shares in the last quarter. Jane Street Group LLC increased its stake 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 worth $44,550,000 after purchasing an additional 530,610 shares in the last quarter. Finally, TRUE Private Wealth Advisors boosted its position 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 worth $58,254,000 after acquiring an additional 323,386 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.4 %

FLOT stock opened at $50.82 on Wednesday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The company has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $50.97.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders 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.

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.