Diversify Wealth Management LLC Buys 1,002 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Diversify Wealth Management LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 20.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,984 shares of the company’s stock after purchasing an additional 1,002 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FLOT. Pine Valley Investments Ltd Liability Co raised its position in shares of iShares Floating Rate Bond ETF by 1.5% during the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after buying an additional 210 shares in the last quarter. Schmidt P J Investment Management Inc. raised its position in shares of iShares Floating Rate Bond ETF by 4.4% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock valued at $286,000 after buying an additional 235 shares in the last quarter. Spire Wealth Management raised its position in shares of iShares Floating Rate Bond ETF by 3.5% during the 2nd quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after buying an additional 236 shares in the last quarter. Western Financial Corp CA raised its position in shares of iShares Floating Rate Bond ETF by 1.9% during the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after buying an additional 256 shares in the last quarter. Finally, Schwab Charitable Fund raised its position in shares of iShares Floating Rate Bond ETF by 1.0% during the 1st quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock valued at $1,384,000 after buying an additional 265 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $50.85 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The company’s 50-day moving average is $50.95 and its 200 day moving average is $50.97.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date 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.