Avior Wealth Management LLC Sells 2,340 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Avior Wealth Management LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 168,817 shares of the company’s stock after selling 2,340 shares during the quarter. Avior Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $8,616,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Pine Valley Investments Ltd Liability Co increased its stake in iShares Floating Rate Bond ETF by 1.5% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after purchasing an additional 210 shares in the last quarter. Schmidt P J Investment Management Inc. raised its stake in iShares Floating Rate Bond ETF by 4.4% during the 2nd 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 holdings in iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after acquiring an additional 236 shares in the last quarter. Western Financial Corp CA grew its stake in iShares Floating Rate Bond ETF by 1.9% in the third 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 increased its holdings in shares of iShares Floating Rate Bond ETF by 1.0% in the first quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock worth $1,384,000 after acquiring an additional 265 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

BATS FLOT opened at $50.98 on Tuesday. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The stock’s 50-day moving average is $50.95 and its 200-day moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.26 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 Tuesday, September 3rd.

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.