Kingsview Wealth Management LLC Sells 3,662 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Kingsview Wealth Management LLC lessened its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 10.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,290 shares of the company’s stock after selling 3,662 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,546,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FLOT. Quadrature Capital Ltd acquired a new stake in iShares Floating Rate Bond ETF in the first quarter worth about $809,000. B. Riley Wealth Advisors Inc. raised its position in shares of 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 valued at $6,237,000 after purchasing an additional 77,886 shares during the last quarter. Jane Street Group LLC grew its position in iShares Floating Rate Bond ETF by 155.2% during 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 last quarter. Coppell Advisory Solutions Corp. purchased a new stake in iShares Floating Rate Bond ETF during the 1st quarter worth approximately $265,000. Finally, Comerica Bank raised its holdings in shares of iShares Floating Rate Bond ETF by 1.5% in the first quarter. Comerica Bank now owns 72,286 shares of the company’s stock worth $3,691,000 after buying an additional 1,084 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

BATS:FLOT opened at $51.03 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The firm has a fifty day simple moving average of $50.96 and a 200-day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared 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. 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.

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.