Vestmark Advisory Solutions Inc. acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 42,714 shares of the company’s stock, valued at approximately $2,175,000.

Several other institutional investors and hedge funds 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 fourth 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. Envestnet Asset Management Inc. increased its holdings in iShares Floating Rate Bond ETF by 21.6% in the first quarter. Envestnet Asset Management Inc. now owns 4,597,112 shares of the company’s stock worth $234,039,000 after purchasing an additional 817,065 shares in the last quarter. BlackRock Inc. increased its holdings in 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 worth $145,435,000 after purchasing an additional 845,648 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 16.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,468,788 shares of the company’s stock valued at $124,330,000 after acquiring an additional 343,550 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 1.3% during the fourth quarter. LPL Financial LLC now owns 1,874,315 shares of the company’s stock valued at $94,390,000 after acquiring an additional 23,352 shares in the last quarter.

Shares of BATS FLOT traded up $0.02 during midday trading on Friday, hitting $50.87. 3,778,772 shares of the stock traded hands. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, June 4th were issued a dividend of $0.1291 per share. This is an increase from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, June 3rd. This represents a $1.55 annualized dividend and a dividend yield of 3.05%.

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

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