iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,479 shares of the company’s stock after selling 3,851 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,910,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares Floating Rate Bond ETF by 3.1% in the third 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 during the last quarter. Capital Advisors Ltd. LLC raised its position in iShares Floating Rate Bond ETF by 6.7% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 3,764 shares of the company’s stock valued at $192,000 after purchasing an additional 237 shares during the last quarter. Spire Wealth Management boosted its stake in iShares Floating Rate Bond ETF by 3.3% during the 3rd quarter. Spire Wealth Management now owns 8,428 shares of the company’s stock worth $429,000 after purchasing an additional 268 shares during the period. Forefront Analytics LLC boosted 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 during the period. Finally, D.A. Davidson & CO. grew its position 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 purchasing an additional 313 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

BATS FLOT traded up $0.01 during trading on Tuesday, reaching $51.09. The company’s stock had a trading volume of 1,194,669 shares. The business’s fifty day moving average price is $50.96 and its 200-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 declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2559 dividend. The ex-dividend date of this dividend 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 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.