iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Rise Advisors LLC

Rise Advisors LLC decreased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 83.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,944 shares of the company’s stock after selling 114,718 shares during the quarter. iShares Floating Rate Bond ETF accounts for about 0.9% of Rise Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Rise Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,166,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Telemus Capital LLC grew its holdings in iShares Floating Rate Bond ETF by 1.0% during the second quarter. Telemus Capital LLC now owns 421,656 shares of the company’s stock valued at $21,429,000 after purchasing an additional 4,006 shares during the last quarter. Clarus Wealth Advisors raised its stake in shares of iShares Floating Rate Bond ETF by 7.2% in the 2nd quarter. Clarus Wealth Advisors now owns 5,941 shares of the company’s stock valued at $301,000 after buying an additional 400 shares in the last quarter. Single Point Partners LLC lifted its stake in iShares Floating Rate Bond ETF by 2.7% during the second quarter. Single Point Partners LLC now owns 128,217 shares of the company’s stock worth $6,516,000 after purchasing an additional 3,401 shares during the period. OneAscent Financial Services LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $1,653,000. Finally, Moody National Bank Trust Division lifted its holdings in shares of iShares Floating Rate Bond ETF by 9.9% during the second quarter. Moody National Bank Trust Division now owns 32,941 shares of the company’s stock valued at $1,674,000 after acquiring an additional 2,959 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.0 %

BATS FLOT traded down $0.02 during trading hours on Friday, reaching $50.75. 462,068 shares of the company’s stock were exchanged. The firm has a fifty day moving average of $50.72 and a 200-day moving average of $50.57. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, July 10th. Shareholders of record on Wednesday, July 5th were issued 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.