Haverford Financial Services Inc. Sells 552 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Haverford Financial Services Inc. decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 9.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,328 shares of the company’s stock after selling 552 shares during the quarter. Haverford Financial Services Inc.’s holdings in iShares Floating Rate Bond ETF were worth $272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FLOT. Scarborough Advisors LLC grew its stake in shares of iShares Floating Rate Bond ETF by 1,437.5% during the 4th quarter. Scarborough Advisors LLC now owns 1,299,349 shares of the company’s stock worth $65,773,000 after acquiring an additional 1,214,838 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares Floating Rate Bond ETF by 409.4% during the 1st quarter. Cetera Investment Advisers now owns 857,542 shares of the company’s stock worth $43,786,000 after acquiring an additional 689,212 shares during the period. Northern Trust Corp grew its stake in shares of iShares Floating Rate Bond ETF by 17.3% during the 4th quarter. Northern Trust Corp now owns 4,310,607 shares of the company’s stock worth $218,203,000 after acquiring an additional 636,112 shares during the period. Jane Street Group LLC grew its stake in shares of 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 acquiring an additional 530,610 shares during the period. Finally, TRUE Private Wealth Advisors boosted 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 worth $58,254,000 after purchasing an additional 323,386 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of 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 business has a 50-day simple moving average of $50.94 and a two-hundred day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.26 dividend. The ex-dividend date 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.