Avidian Wealth Enterprises LLC Boosts Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Avidian Wealth Enterprises LLC boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 2.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,721 shares of the company’s stock after purchasing an additional 400 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares Floating Rate Bond ETF were worth $853,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLOT. BNP Paribas Financial Markets boosted its stake in shares of iShares Floating Rate Bond ETF by 70.5% during the 1st quarter. BNP Paribas Financial Markets now owns 77,567 shares of the company’s stock valued at $3,961,000 after purchasing an additional 32,065 shares in the last quarter. Advisory Services Network LLC boosted its position in iShares Floating Rate Bond ETF by 5.4% during the 1st quarter. Advisory Services Network LLC now owns 82,579 shares of the company’s stock valued at $4,216,000 after acquiring an additional 4,234 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 10.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 65,471 shares of the company’s stock worth $3,343,000 after acquiring an additional 6,318 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of iShares Floating Rate Bond ETF by 1.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 133,606 shares of the company’s stock worth $6,822,000 after acquiring an additional 1,305 shares in the last quarter. Finally, NTV Asset Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 83.5% in the 1st quarter. NTV Asset Management LLC now owns 30,701 shares of the company’s stock valued at $1,568,000 after purchasing an additional 13,967 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.91 on Thursday. The stock’s 50 day moving average is $50.94 and its 200 day moving average is $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.