Disciplined Investments LLC Cuts Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Disciplined Investments LLC cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOTFree Report) by 9.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 14,086 shares of the company’s stock after selling 1,453 shares during the quarter. Disciplined Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $719,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co raised its position in iShares Floating Rate Bond ETF by 1.5% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock worth $722,000 after purchasing an additional 210 shares during the period. Schmidt P J Investment Management Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 4.4% in the second quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock worth $286,000 after buying an additional 235 shares during the period. Spire Wealth Management lifted its stake in shares of iShares Floating Rate Bond ETF by 3.5% in the 2nd quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after acquiring an additional 236 shares during the last quarter. Western Financial Corp CA boosted its holdings in iShares Floating Rate Bond ETF by 1.9% during the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after acquiring an additional 256 shares during the period. Finally, Schwab Charitable Fund grew its position in iShares Floating Rate Bond ETF by 1.0% during the 1st quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock worth $1,384,000 after acquiring an additional 265 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.94 on Friday. 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 $50.94 and its two-hundred day simple moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid 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.

About iShares Floating Rate Bond ETF

(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.

Further Reading

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOTFree Report).

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

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