Knuff & Co LLC Sells 8,500 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Knuff & Co LLC reduced its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 54.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,000 shares of the company’s stock after selling 8,500 shares during the period. Knuff & Co LLC’s holdings in iShares Floating Rate Bond ETF were worth $357,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. OneAscent Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $643,000. Obsidian Personal Planning Solutions LLC raised its stake in iShares Floating Rate Bond ETF by 12.3% in the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 136,101 shares of the company’s stock valued at $6,945,000 after acquiring an additional 14,937 shares during the period. LJI Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 3.6% during the 3rd quarter. LJI Wealth Management LLC now owns 340,632 shares of the company’s stock valued at $17,386,000 after purchasing an additional 11,772 shares during the last quarter. Coastline Trust Co bought a new position in iShares Floating Rate Bond ETF during the third quarter worth $352,000. Finally, OneDigital Investment Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 17.5% in the third quarter. OneDigital Investment Advisors LLC now owns 317,958 shares of the company’s stock valued at $16,229,000 after purchasing an additional 47,444 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.98 on Tuesday. The firm has a 50-day moving average of $50.95 and a 200-day moving average of $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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

About iShares Floating Rate Bond ETF

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.