iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Kades & Cheifetz LLC

Kades & Cheifetz LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,230 shares of the company’s stock after buying an additional 2,080 shares during the period. iShares Floating Rate Bond ETF accounts for 1.0% of Kades & Cheifetz LLC’s investment portfolio, making the stock its 26th largest position. Kades & Cheifetz LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,798,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Pineridge Advisors LLC lifted its stake in 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 purchased a new stake in iShares Floating Rate Bond ETF during the second quarter worth about $50,000. LRI Investments LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth about $82,000. Cranbrook Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $126,000. Finally, Webster Bank N. A. acquired a new position in shares of iShares Floating Rate Bond ETF in the second quarter valued at approximately $151,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

FLOT opened at $50.84 on Thursday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The business’s 50-day simple moving average is $50.93 and its 200-day simple moving average is $50.97.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.26 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, September 3rd.

iShares Floating Rate Bond ETF Company 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.