Choreo LLC Buys Shares of 7,411 iShares Floating Rate Bond ETF (BATS:FLOT)

Choreo LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,411 shares of the company’s stock, valued at approximately $377,000.

Other institutional investors have also modified their holdings of the company. Scarborough Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 1,437.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock valued at $65,773,000 after acquiring an additional 1,214,838 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of iShares Floating Rate Bond ETF by 409.4% during the first quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock worth $43,786,000 after buying an additional 689,212 shares during the period. Northern Trust Corp raised its position in iShares Floating Rate Bond ETF by 17.3% in the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock valued at $218,203,000 after buying an additional 636,112 shares during the last quarter. Jane Street Group LLC raised its position 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 valued at $44,550,000 after buying an additional 530,610 shares during the last quarter. Finally, TRUE Private Wealth Advisors lifted its stake in iShares Floating Rate Bond ETF by 39.6% in the 2nd quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after acquiring an additional 323,386 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of FLOT opened at $50.93 on Tuesday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The company has a 50 day moving average of $50.94 and a 200-day moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. This is a positive change 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.