EP Wealth Advisors LLC Has $455,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

EP Wealth Advisors LLC grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 74.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,906 shares of the company’s stock after purchasing an additional 3,805 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FLOT. Regal Investment Advisors LLC boosted its position in iShares Floating Rate Bond ETF by 2.6% during the 2nd quarter. Regal Investment Advisors LLC now owns 80,223 shares of the company’s stock worth $4,099,000 after buying an additional 2,039 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Floating Rate Bond ETF by 13.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 146,528 shares of the company’s stock worth $7,486,000 after purchasing an additional 17,592 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 22.7% during the second quarter. NewEdge Advisors LLC now owns 683,157 shares of the company’s stock worth $34,902,000 after purchasing an additional 126,200 shares during the period. Forefront Analytics LLC grew its stake in shares of iShares Floating Rate Bond ETF by 1.5% in the second quarter. Forefront Analytics LLC now owns 21,697 shares of the company’s stock worth $1,108,000 after purchasing an additional 323 shares during the last quarter. Finally, Smith Thornton Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the second quarter valued at $460,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of FLOT opened at $50.86 on Friday. The stock’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $50.97. 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 business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.