Haverford Trust Co Raises Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Haverford Trust Co lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,167,867 shares of the company’s stock after buying an additional 16,112 shares during the quarter. Haverford Trust Co owned approximately 0.81% of iShares Floating Rate Bond ETF worth $59,608,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Csenge Advisory Group grew its stake in iShares Floating Rate Bond ETF by 3.1% in the second 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. HTLF Bank acquired a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth $301,000. Quadrature Capital Ltd acquired a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth $809,000. Lionsbridge Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth $1,154,000. Finally, Principal Financial Group Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 79.2% in the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after purchasing an additional 18,600 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.94 on Wednesday. The business has a fifty day moving average of $50.94 and a 200 day moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost 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.