iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 38.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,569 shares of the company’s stock after acquiring an additional 4,344 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Floating Rate Bond ETF were worth $795,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pineridge Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 172.0% during the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after purchasing an additional 430 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $50,000. LRI Investments LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the first quarter worth approximately $82,000. Cranbrook Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at $126,000. Finally, Webster Bank N. A. acquired a new stake in iShares Floating Rate Bond ETF during the 2nd quarter worth $151,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.90 on Friday. The company’s fifty day moving average is $50.93 and its two-hundred day moving average is $50.97. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year 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. Investors of record on Tuesday, September 3rd were given a $0.26 dividend. 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 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.