iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Mowery & Schoenfeld Wealth Management LLC

Mowery & Schoenfeld Wealth Management LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 60.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,540 shares of the company’s stock after selling 65,046 shares during the period. iShares Floating Rate Bond ETF accounts for about 3.4% of Mowery & Schoenfeld Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Mowery & Schoenfeld Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FLOT. Cetera Investment Advisers grew its stake in shares of iShares Floating Rate Bond ETF by 409.4% in the 1st quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock valued at $43,786,000 after buying an additional 689,212 shares during the period. Jane Street Group LLC increased its stake in iShares Floating Rate Bond ETF by 155.2% during the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock worth $44,550,000 after acquiring an additional 530,610 shares during the last quarter. TRUE Private Wealth Advisors raised its position in iShares Floating Rate Bond ETF by 39.6% in the second quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after purchasing an additional 323,386 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 9.3% in the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after purchasing an additional 298,003 shares during the last quarter. Finally, Liberty Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth $14,535,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS:FLOT traded up $0.01 during midday trading on Thursday, reaching $50.99. 628,690 shares of the company’s stock were exchanged. The firm’s 50 day simple moving average is $50.94 and its two-hundred day simple moving average is $50.96. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two 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. Stockholders 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 an increase 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.