Creative Planning Decreases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Creative Planning lessened its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,821 shares of the company’s stock after selling 7,075 shares during the quarter. Creative Planning owned about 0.05% of iShares Floating Rate Bond ETF worth $3,768,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FLOT. Csenge Advisory Group raised its holdings in iShares Floating Rate Bond ETF by 3.1% during the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock valued at $1,617,000 after acquiring an additional 953 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 12.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 6,771 shares of the company’s stock worth $346,000 after purchasing an additional 755 shares in the last quarter. HTLF Bank bought a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth about $301,000. Quadrature Capital Ltd bought a new stake in shares of iShares Floating Rate Bond ETF during the first quarter valued at about $809,000. Finally, Lionsbridge Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the second quarter worth about $1,154,000.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of BATS:FLOT opened at $51.07 on Friday. The company has a 50 day moving average of $50.95 and a 200 day moving average of $50.96. 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 disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.26 dividend. The ex-dividend date of this dividend 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.