Glass Jacobson Investment Advisors llc Grows Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Glass Jacobson Investment Advisors llc boosted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,038 shares of the company’s stock after purchasing an additional 3,086 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 1.4% of Glass Jacobson Investment Advisors llc’s holdings, making the stock its 10th largest holding. Glass Jacobson Investment Advisors llc owned approximately 0.05% of iShares Floating Rate Bond ETF worth $3,834,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Paces Ferry Wealth Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 7.5% in the second quarter. Paces Ferry Wealth Advisors LLC now owns 135,361 shares of the company’s stock worth $6,916,000 after acquiring an additional 9,484 shares during the last quarter. Hsbc Holdings PLC raised its position in iShares Floating Rate Bond ETF by 18.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock worth $64,358,000 after purchasing an additional 194,624 shares during the last quarter. Blair William & Co. IL raised its position in iShares Floating Rate Bond ETF by 9.7% in the 2nd quarter. Blair William & Co. IL now owns 31,247 shares of the company’s stock worth $1,596,000 after purchasing an additional 2,765 shares during the last quarter. Waterloo Capital L.P. lifted its holdings in iShares Floating Rate Bond ETF by 101.8% during the 2nd quarter. Waterloo Capital L.P. now owns 126,920 shares of the company’s stock worth $6,484,000 after buying an additional 64,032 shares in the last quarter. Finally, Cranbrook Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter valued at $126,000.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $50.97 on Thursday. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The stock has a fifty day moving average of $50.94 and a 200-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. Investors of record on Tuesday, September 3rd were given 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 was Tuesday, September 3rd.

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.