Haverford Trust Co Grows Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Haverford Trust Co raised its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,167,867 shares of the company’s stock after purchasing an additional 16,112 shares during the quarter. Haverford Trust Co’s holdings in iShares Floating Rate Bond ETF were worth $59,608,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FLOT. Pine Valley Investments Ltd Liability Co increased its position in shares of iShares Floating Rate Bond ETF by 1.5% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock worth $722,000 after acquiring an additional 210 shares during the period. Schmidt P J Investment Management Inc. increased its position in shares of iShares Floating Rate Bond ETF by 4.4% during the second quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock worth $286,000 after acquiring an additional 235 shares during the period. Spire Wealth Management increased its position in shares of iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after acquiring an additional 236 shares during the period. Western Financial Corp CA increased its position in shares of iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after acquiring an additional 256 shares during the period. Finally, Schwab Charitable Fund increased its position in shares of iShares Floating Rate Bond ETF by 1.0% during the first quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock worth $1,384,000 after acquiring an additional 265 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

iShares Floating Rate Bond ETF stock opened at $50.94 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The stock’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.