Global Trust Asset Management LLC Has $1.26 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Global Trust Asset Management LLC decreased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 24,609 shares of the company’s stock after selling 1,575 shares during the period. Global Trust Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,256,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers increased its position in shares of iShares Floating Rate Bond ETF by 409.4% in the first quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock valued at $43,786,000 after acquiring an additional 689,212 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 155.2% in the first quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock valued at $44,550,000 after acquiring an additional 530,610 shares during the last quarter. TRUE Private Wealth Advisors increased its position in shares of iShares Floating Rate Bond ETF by 39.6% in the second quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after acquiring an additional 323,386 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Floating Rate Bond ETF by 9.3% in the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after acquiring an additional 298,003 shares during the last quarter. Finally, Liberty Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the second quarter valued at about $14,535,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

BATS:FLOT opened at $51.01 on Friday. The stock’s 50-day simple moving average is $50.95 and its 200 day simple moving average is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors 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 an increase 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.