iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Smithfield Trust Co

Smithfield Trust Co lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,255 shares of the company’s stock after selling 693 shares during the quarter. Smithfield Trust Co’s holdings in iShares Floating Rate Bond ETF were worth $523,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quadrature Capital Ltd acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter worth about $809,000. LRI Investments LLC acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter worth about $82,000. B. Riley Wealth Advisors Inc. raised its holdings in iShares Floating Rate Bond ETF by 174.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 122,561 shares of the company’s stock worth $6,237,000 after purchasing an additional 77,886 shares during the period. Jane Street Group LLC raised its holdings in iShares Floating Rate Bond ETF by 155.2% in the 1st quarter. Jane Street Group LLC now owns 872,495 shares of the company’s stock worth $44,550,000 after purchasing an additional 530,610 shares during the period. Finally, Coppell Advisory Solutions Corp. acquired a new position in iShares Floating Rate Bond ETF in the 1st quarter worth about $265,000.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The stock has a 50 day moving average of $50.95 and a two-hundred day moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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

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.