First PREMIER Bank Acquires Shares of 3,400 iShares Floating Rate Bond ETF (BATS:FLOT)

First PREMIER Bank bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, according to its most recent filing with the SEC. The fund bought 3,400 shares of the company’s stock, valued at approximately $174,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pineridge Advisors LLC lifted its stake in iShares Floating Rate Bond ETF by 172.0% in the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 430 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at $50,000. LRI Investments LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $82,000. Cranbrook Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth $126,000. Finally, Webster Bank N. A. purchased a new stake in iShares Floating Rate Bond ETF in the 2nd quarter worth about $151,000.

iShares Floating Rate Bond ETF Trading Up 0.0 %

iShares Floating Rate Bond ETF stock traded up $0.01 during midday trading on Wednesday, reaching $50.90. The stock had a trading volume of 738,502 shares. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The firm’s 50-day moving average price is $50.92 and its 200 day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.