iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Klaas Financial Asset Advisors LLC

Klaas Financial Asset Advisors LLC trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 24.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,129 shares of the company’s stock after selling 4,233 shares during the period. Klaas Financial Asset Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $670,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $27,000. Pineridge Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 172.0% during the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after buying an additional 430 shares in the last quarter. Eastern Bank acquired a new position in iShares Floating Rate Bond ETF during the third quarter valued at approximately $41,000. Opal Wealth Advisors LLC acquired a new position in iShares Floating Rate Bond ETF during the second quarter valued at approximately $50,000. Finally, LRI Investments LLC acquired a new position in iShares Floating Rate Bond ETF during the first quarter valued at approximately $82,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of FLOT stock opened at $51.01 on Friday. The firm’s 50 day moving average price is $50.95 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced 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 a boost 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 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.