Newman Dignan & Sheerar Inc. decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,919 shares of the company’s stock after selling 948 shares during the period. Newman Dignan & Sheerar Inc.’s holdings in iShares Floating Rate Bond ETF were worth $454,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 20,283,771 shares of the company’s stock worth $1,021,492,000 after purchasing an additional 267,091 shares in the last quarter. Morgan Stanley increased its stake in shares of iShares Floating Rate Bond ETF by 9.6% in the third quarter. Morgan Stanley now owns 4,146,168 shares of the company’s stock valued at $211,537,000 after buying an additional 362,000 shares during the period. BlackRock Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 41.4% in the fourth quarter. BlackRock Inc. now owns 2,887,901 shares of the company’s stock valued at $145,435,000 after buying an additional 845,648 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Floating Rate Bond ETF by 57.6% in the third quarter. Envestnet Asset Management Inc. now owns 2,631,157 shares of the company’s stock valued at $134,242,000 after buying an additional 961,221 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in iShares Floating Rate Bond ETF by 16.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,468,788 shares of the company’s stock valued at $124,330,000 after buying an additional 343,550 shares during the last quarter.

BATS:FLOT traded up $0.03 on Tuesday, reaching $50.86. 2,143,563 shares of the stock traded hands. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1315 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.58 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend was Monday, April 1st.

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

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