iShares Floating Rate Bond ETF (BATS:FLOT) Stock Holdings Increased by Cwm LLC

Cwm LLC raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 62.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,880 shares of the company’s stock after acquiring an additional 96,787 shares during the period. Cwm LLC owned approximately 0.18% of iShares Floating Rate Bond ETF worth $12,750,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FLOT. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $26,000. Stonebridge Capital Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $32,000. First Horizon Advisors Inc. increased its position in shares of iShares Floating Rate Bond ETF by 195.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 656 shares of the company’s stock valued at $33,000 after purchasing an additional 434 shares during the period. Planned Solutions Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $33,000. Finally, Retirement Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 122.1% during the 2nd quarter. Retirement Group LLC now owns 682 shares of the company’s stock valued at $35,000 after purchasing an additional 375 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.02 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business’s fifty day moving average is $50.94 and its 200-day moving average is $50.80.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2559 dividend. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

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.