iShares Floating Rate Bond ETF (BATS:FLOT) Position Lessened by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.4% during the 4th quarter, HoldingsChannel reports. The firm owned 341,727 shares of the company’s stock after selling 23,331 shares during the period. Atria Wealth Solutions Inc.’s holdings in iShares Floating Rate Bond ETF were worth $17,298,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in FLOT. Ameriprise Financial Inc. raised its stake in iShares Floating Rate Bond ETF by 156.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,959,885 shares of the company’s stock valued at $150,676,000 after acquiring an additional 1,804,501 shares in the last quarter. Northern Trust Corp raised its stake in iShares Floating Rate Bond ETF by 24.0% during the 3rd quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock valued at $186,995,000 after acquiring an additional 712,205 shares in the last quarter. TRUE Private Wealth Advisors bought a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $29,553,000. Cape Cod Five Cents Savings Bank raised its stake in shares of iShares Floating Rate Bond ETF by 103.7% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock worth $42,791,000 after buying an additional 427,981 shares in the last quarter. Finally, Greystone Financial Group LLC raised its stake in shares of iShares Floating Rate Bond ETF by 7,095.7% in the 3rd quarter. Greystone Financial Group LLC now owns 302,077 shares of the company’s stock worth $15,373,000 after buying an additional 297,879 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.1 %

Shares of FLOT traded down $0.03 during midday trading on Thursday, reaching $51.01. The stock had a trading volume of 3,081,493 shares. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The firm’s 50 day moving average price is $50.95 and its 200-day moving average price is $50.81.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2559 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase 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.