HBK Sorce Advisory LLC cut its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,520 shares of the company’s stock after selling 1,168 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares Floating Rate Bond ETF were worth $333,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FLOT. TD Asset Management Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 25.7% in the 2nd quarter. TD Asset Management Inc. now owns 34,531 shares of the company’s stock valued at $1,734,000 after purchasing an additional 7,063 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of iShares Floating Rate Bond ETF by 20.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,010,933 shares of the company’s stock valued at $51,557,000 after purchasing an additional 169,432 shares during the period. CIBC World Markets Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 8.4% in the 2nd quarter. CIBC World Markets Inc. now owns 50,519 shares of the company’s stock valued at $2,576,000 after purchasing an additional 3,923 shares during the period. Crabel Capital Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 9.2% in the 2nd quarter. Crabel Capital Management LLC now owns 67,960 shares of the company’s stock valued at $3,466,000 after purchasing an additional 5,745 shares during the period. Finally, Pinnacle Associates Ltd. increased its holdings in shares of iShares Floating Rate Bond ETF by 16.0% in the 2nd quarter. Pinnacle Associates Ltd. now owns 260,042 shares of the company’s stock valued at $13,262,000 after purchasing an additional 35,914 shares during the period.

Shares of FLOT opened at $50.46 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

The firm also recently announced a monthly dividend, which was paid on Friday, December 7th. Stockholders of record on Tuesday, December 4th were issued a $0.1157 dividend. This is an increase from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, December 3rd. This represents a $1.39 dividend on an annualized basis and a dividend yield of 2.75%.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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