EverSource Wealth Advisors LLC Increases Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

EverSource Wealth Advisors LLC increased its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 32.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,171 shares of the company’s stock after purchasing an additional 16,409 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,432,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLOT. Naples Global Advisors LLC increased its stake in shares of iShares Floating Rate Bond ETF by 3.9% during the first quarter. Naples Global Advisors LLC now owns 5,280 shares of the company’s stock worth $270,000 after acquiring an additional 200 shares during the period. Haverford Financial Services Inc. raised its stake in shares of iShares Floating Rate Bond ETF by 3.6% during the 4th quarter. Haverford Financial Services Inc. now owns 5,962 shares of the company’s stock worth $302,000 after buying an additional 208 shares in the last quarter. Shira Ridge Wealth Management lifted its holdings in shares of iShares Floating Rate Bond ETF by 0.3% in the 1st quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock valued at $3,933,000 after buying an additional 258 shares during the period. Schwab Charitable Fund boosted its stake in shares of iShares Floating Rate Bond ETF by 1.0% in the first quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock valued at $1,384,000 after buying an additional 265 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. grew its holdings in iShares Floating Rate Bond ETF by 8.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 3,695 shares of the company’s stock worth $189,000 after acquiring an additional 275 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.2 %

BATS:FLOT traded down $0.09 during trading hours on Friday, hitting $50.75. The company’s stock had a trading volume of 2,023,573 shares. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The business’s 50-day moving average is $50.99 and its two-hundred day moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a dividend of $0.2494 per share. The ex-dividend date of this dividend was Monday, July 1st.

iShares Floating Rate Bond ETF 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.