RDA Financial Network Boosts Position in iShares Floating Rate Bond ETF (BATS:FLOT)

RDA Financial Network lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 7.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,576 shares of the company’s stock after buying an additional 2,945 shares during the quarter. RDA Financial Network’s holdings in iShares Floating Rate Bond ETF were worth $2,071,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Naples Global Advisors LLC increased its holdings in iShares Floating Rate Bond ETF by 3.9% during the 1st quarter. Naples Global Advisors LLC now owns 5,280 shares of the company’s stock worth $270,000 after acquiring an additional 200 shares during the period. Pine Valley Investments Ltd Liability Co raised its position in shares of iShares Floating Rate Bond ETF by 1.5% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock worth $722,000 after buying an additional 210 shares in the last quarter. Schmidt P J Investment Management Inc. boosted its stake in iShares Floating Rate Bond ETF by 4.4% during the second 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 during the period. Spire Wealth Management grew its position in iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after buying an additional 236 shares in the last quarter. Finally, Shira Ridge Wealth Management increased its stake in iShares Floating Rate Bond ETF by 0.3% in the 1st quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock worth $3,933,000 after acquiring an additional 258 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS FLOT traded down $0.01 during midday trading on Tuesday, hitting $50.90. 932,561 shares of the company’s stock were exchanged. The business’s fifty day moving average price is $50.92 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. 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.