iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 46.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,512 shares of the company’s stock after acquiring an additional 4,312 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in iShares Floating Rate Bond ETF were worth $690,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. Pineridge Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 172.0% in the 1st quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 430 shares in the last quarter. Eastern Bank acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $41,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the second quarter worth $50,000. Finally, LRI Investments LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the first quarter valued at about $82,000.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT opened at $51.00 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The company’s 50-day moving average price is $50.95 and its 200-day moving average price is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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