iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 24.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,172 shares of the company’s stock after purchasing an additional 1,025 shares during the period. EP Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $262,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FLOT. Hsbc Holdings PLC lifted its stake in shares of iShares Floating Rate Bond ETF by 4.1% in the third quarter. Hsbc Holdings PLC now owns 858,779 shares of the company’s stock valued at $43,703,000 after purchasing an additional 33,644 shares during the period. LPL Financial LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 5.3% in the third quarter. LPL Financial LLC now owns 3,120,045 shares of the company’s stock valued at $158,779,000 after purchasing an additional 156,029 shares during the period. Visionary Wealth Advisors lifted its stake in shares of iShares Floating Rate Bond ETF by 1.5% in the third quarter. Visionary Wealth Advisors now owns 74,386 shares of the company’s stock valued at $3,786,000 after purchasing an additional 1,079 shares during the period. Stelac Advisory Services LLC raised its position in iShares Floating Rate Bond ETF by 46.2% during the third quarter. Stelac Advisory Services LLC now owns 18,795 shares of the company’s stock worth $956,000 after acquiring an additional 5,936 shares during the last quarter. Finally, Northern Trust Corp raised its position in iShares Floating Rate Bond ETF by 24.0% during the third quarter. Northern Trust Corp now owns 3,674,495 shares of the company’s stock worth $186,995,000 after acquiring an additional 712,205 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.02 on Thursday. The company has a 50-day moving average of $50.99 and a two-hundred day moving average of $50.88. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.2589 per share. The ex-dividend date was Monday, June 3rd. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.26.

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.