SRS Capital Advisors Inc. Purchases 654 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

SRS Capital Advisors Inc. raised its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 444.9% in the 4th quarter, Holdings Channel reports. The firm owned 801 shares of the company’s stock after buying an additional 654 shares during the period. SRS Capital Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $41,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of iShares Floating Rate Bond ETF by 3.1% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 7,719 shares of the company’s stock valued at $393,000 after buying an additional 234 shares in the last quarter. Capital Advisors Ltd. LLC raised 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 during the period. Spire Wealth Management grew its position in shares of iShares Floating Rate Bond ETF by 3.3% in the 3rd quarter. Spire Wealth Management now owns 8,428 shares of the company’s stock valued at $429,000 after purchasing an additional 268 shares during the period. Forefront Analytics LLC increased its stake in iShares Floating Rate Bond ETF by 1.5% during the 3rd quarter. Forefront Analytics LLC now owns 20,750 shares of the company’s stock worth $1,056,000 after purchasing an additional 299 shares in the last quarter. Finally, D.A. Davidson & CO. raised its holdings in iShares Floating Rate Bond ETF by 1.0% during the 3rd quarter. D.A. Davidson & CO. now owns 32,034 shares of the company’s stock worth $1,630,000 after buying an additional 313 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of FLOT opened at $50.90 on Friday. The firm’s 50 day moving average price is $50.96 and its two-hundred day moving average price is $50.82. 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 business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2559 dividend. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.