1832 Asset Management L.P. Has $39.18 Million Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

1832 Asset Management L.P. increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 766,924 shares of the company’s stock after acquiring an additional 13,421 shares during the quarter. 1832 Asset Management L.P. owned about 0.53% of iShares Floating Rate Bond ETF worth $39,182,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Naples Global Advisors LLC raised its position in shares of iShares Floating Rate Bond ETF by 3.9% in the first quarter. Naples Global Advisors LLC now owns 5,280 shares of the company’s stock valued at $270,000 after buying an additional 200 shares in the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in shares of iShares Floating Rate Bond ETF by 1.5% during the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock valued at $722,000 after acquiring an additional 210 shares during the period. Schmidt P J Investment Management Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 4.4% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock worth $286,000 after purchasing an additional 235 shares in the last quarter. Spire Wealth Management grew its holdings in shares of iShares Floating Rate Bond ETF by 3.5% during the 2nd quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock worth $357,000 after purchasing an additional 236 shares in the last quarter. Finally, Shira Ridge Wealth Management increased its position in shares of iShares Floating Rate Bond ETF by 0.3% in the first quarter. Shira Ridge Wealth Management now owns 77,018 shares of the company’s stock worth $3,933,000 after purchasing an additional 258 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT opened at $50.98 on Monday. 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 simple moving average of $50.94 and a 200 day simple moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. 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.