iShares Floating Rate Bond ETF (BATS:FLOT) Position Lifted by Weitzel Financial Services Inc.

Weitzel Financial Services Inc. grew its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,377 shares of the company’s stock after acquiring an additional 583 shares during the quarter. iShares Floating Rate Bond ETF comprises about 2.6% of Weitzel Financial Services Inc.’s portfolio, making the stock its 10th biggest position. Weitzel Financial Services Inc. owned approximately 0.06% of iShares Floating Rate Bond ETF worth $4,644,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gries Financial LLC purchased a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $335,000. Atomi Financial Group Inc. purchased a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $973,000. Golden State Equity Partners purchased a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $423,000. Arete Wealth Advisors LLC purchased a new position in iShares Floating Rate Bond ETF during the 1st quarter worth $373,000. Finally, GSB Wealth Management LLC grew its stake in iShares Floating Rate Bond ETF by 36.7% during the 1st quarter. GSB Wealth Management LLC now owns 107,636 shares of the company’s stock worth $5,424,000 after buying an additional 28,923 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

FLOT stock traded up $0.04 on Friday, hitting $50.77. 659,681 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $50.72 and a two-hundred day moving average price of $50.57. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, July 10th. Shareholders of record on Wednesday, July 5th were paid a dividend of $0.2341 per share. The ex-dividend date of this dividend was Monday, July 3rd.

About iShares Floating Rate Bond ETF

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.