Janney Montgomery Scott LLC Purchases 18,823 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Janney Montgomery Scott LLC grew its position in iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 10.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 203,519 shares of the company’s stock after acquiring an additional 18,823 shares during the quarter. Janney Montgomery Scott LLC owned 0.14% of iShares Floating Rate Bond ETF worth $10,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Northern Trust Corp increased its stake in iShares Floating Rate Bond ETF by 24.0% during the third quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock worth $186,995,000 after acquiring an additional 712,205 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Floating Rate Bond ETF by 5.3% during the 3rd quarter. LPL Financial LLC now owns 3,120,045 shares of the company’s stock valued at $158,779,000 after purchasing an additional 156,029 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Floating Rate Bond ETF by 156.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock valued at $150,676,000 after buying an additional 1,804,501 shares during the period. Glenview Trust co lifted its position in iShares Floating Rate Bond ETF by 1.5% in the third quarter. Glenview Trust co now owns 1,737,026 shares of the company’s stock worth $88,397,000 after buying an additional 25,560 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in iShares Floating Rate Bond ETF by 5.1% during the third quarter. Royal Bank of Canada now owns 1,570,738 shares of the company’s stock worth $79,934,000 after buying an additional 75,839 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.0 %

FLOT stock opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The firm’s fifty day simple moving average is $50.97 and its two-hundred day simple moving average is $50.83.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2559 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

iShares Floating Rate Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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