Kraft Davis & Associates LLC Sells 2,120 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Kraft Davis & Associates LLC lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 26.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,021 shares of the company’s stock after selling 2,120 shares during the period. Kraft Davis & Associates LLC’s holdings in iShares Floating Rate Bond ETF were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Wrapmanager Inc. raised its position in shares of iShares Floating Rate Bond ETF by 22.1% in the third quarter. Wrapmanager Inc. now owns 45,794 shares of the company’s stock valued at $2,337,000 after purchasing an additional 8,291 shares during the period. Prospera Financial Services Inc boosted its holdings in shares of iShares Floating Rate Bond ETF by 233.3% during the third quarter. Prospera Financial Services Inc now owns 15,579 shares of the company’s stock worth $795,000 after acquiring an additional 10,905 shares during the period. OneAscent Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $643,000. Obsidian Personal Planning Solutions LLC increased its stake in shares of iShares Floating Rate Bond ETF by 12.3% during the third quarter. Obsidian Personal Planning Solutions LLC now owns 136,101 shares of the company’s stock worth $6,945,000 after purchasing an additional 14,937 shares during the period. Finally, 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 worth $17,386,000 after purchasing an additional 11,772 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.00 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’s 50-day simple moving average is $50.95 and its 200 day simple moving average is $50.96.

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 paid a dividend of $0.26 per share. The ex-dividend date of this dividend 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 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.