Western Wealth Management LLC Grows Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Western Wealth Management LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 16.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,936 shares of the company’s stock after purchasing an additional 3,076 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,110,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. RiverFront Investment Group LLC lifted its position in shares of iShares Floating Rate Bond ETF by 1.8% during the fourth quarter. RiverFront Investment Group LLC now owns 12,042 shares of the company’s stock worth $606,000 after purchasing an additional 214 shares in the last quarter. Townsquare Capital LLC lifted its position in shares of iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. Townsquare Capital LLC now owns 16,983 shares of the company’s stock worth $855,000 after purchasing an additional 224 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of iShares Floating Rate Bond ETF by 3.1% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 7,719 shares of the company’s stock worth $393,000 after purchasing an additional 234 shares in the last quarter. Capital Advisors Ltd. LLC lifted its position in shares of iShares Floating Rate Bond ETF by 6.7% during the third quarter. Capital Advisors Ltd. LLC now owns 3,764 shares of the company’s stock worth $192,000 after purchasing an additional 237 shares in the last quarter. Finally, Spire Wealth Management raised its holdings in iShares Floating Rate Bond ETF by 3.3% in the third quarter. Spire Wealth Management now owns 8,428 shares of the company’s stock valued at $429,000 after acquiring an additional 268 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

FLOT opened at $51.02 on Friday. The firm’s fifty day moving average price is $50.94 and its 200 day moving average price is $50.80. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2559 dividend. The ex-dividend date was Monday, April 1st. 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.