ETF Store Inc. Sells 27,010 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

ETF Store Inc. decreased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 39.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,927 shares of the company’s stock after selling 27,010 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 2.2% of ETF Store Inc.’s investment portfolio, making the stock its 13th largest position. ETF Store Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,091,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. US Financial Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 2.8% during the fourth quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock valued at $3,990,000 after purchasing an additional 2,128 shares in the last quarter. Csenge Advisory Group lifted its holdings in iShares Floating Rate Bond ETF by 3.1% in the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after purchasing an additional 953 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of iShares Floating Rate Bond ETF by 14.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock worth $429,000 after acquiring an additional 1,051 shares during the last quarter. Park Avenue Securities LLC increased its holdings in iShares Floating Rate Bond ETF by 47.8% in the 1st quarter. Park Avenue Securities LLC now owns 30,116 shares of the company’s stock valued at $1,538,000 after acquiring an additional 9,736 shares during the last quarter. Finally, Quantitative Strategies Inc. lifted its stake in iShares Floating Rate Bond ETF by 0.8% in the 4th quarter. Quantitative Strategies Inc. now owns 158,095 shares of the company’s stock worth $8,003,000 after purchasing an additional 1,209 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.82 on Friday. The business has a 50-day moving average price of $50.94 and a 200-day moving average price of $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is 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 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.