Ignite Planners LLC Raises Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Ignite Planners LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 44.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,874 shares of the company’s stock after acquiring an additional 5,824 shares during the quarter. Ignite Planners LLC’s holdings in iShares Floating Rate Bond ETF were worth $955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Jane Street Group LLC grew its stake in iShares Floating Rate Bond ETF by 17,845.3% in the first quarter. Jane Street Group LLC now owns 13,189,239 shares of the company’s stock valued at $664,606,000 after purchasing an additional 13,115,742 shares during the last quarter. Providence Capital Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter worth approximately $39,542,000. Assetmark Inc. lifted its position in iShares Floating Rate Bond ETF by 515.9% during the first quarter. Assetmark Inc. now owns 1,220,994 shares of the company’s stock valued at $61,526,000 after acquiring an additional 1,022,762 shares during the last quarter. Northern Trust Corp acquired a new stake in iShares Floating Rate Bond ETF in the second quarter valued at approximately $488,000. Finally, BlackRock Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 13.5% in the 1st quarter. BlackRock Inc. now owns 7,322,667 shares of the company’s stock worth $368,989,000 after purchasing an additional 869,248 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

iShares Floating Rate Bond ETF stock traded down $0.02 during midday trading on Monday, reaching $50.75. The company’s stock had a trading volume of 462,068 shares. The stock’s 50-day simple moving average is $50.72 and its 200-day simple moving average is $50.56. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Announces Dividend

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

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.