Thrivent Financial for Lutherans Lowers Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Thrivent Financial for Lutherans cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 13.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,541 shares of the company’s stock after selling 17,324 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of iShares Floating Rate Bond ETF worth $5,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FLOT. Obsidian Personal Planning Solutions LLC boosted its position in shares of iShares Floating Rate Bond ETF by 12.3% in the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 136,101 shares of the company’s stock worth $6,945,000 after purchasing an additional 14,937 shares in the last quarter. LJI Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 3.6% in the third quarter. LJI Wealth Management LLC now owns 340,632 shares of the company’s stock worth $17,386,000 after acquiring an additional 11,772 shares in the last quarter. Coastline Trust Co bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth $352,000. OneDigital Investment Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 17.5% during the third quarter. OneDigital Investment Advisors LLC now owns 317,958 shares of the company’s stock valued at $16,229,000 after acquiring an additional 47,444 shares in the last quarter. Finally, Diversified Portfolios Inc. raised its position in shares of iShares Floating Rate Bond ETF by 5.9% in the 3rd quarter. Diversified Portfolios Inc. now owns 654,493 shares of the company’s stock worth $33,405,000 after purchasing an additional 36,527 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The firm’s 50-day moving average is $50.96 and its 200 day moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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

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.