Good Life Advisors LLC Takes $276,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Good Life Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,418 shares of the company’s stock, valued at approximately $276,000.

A number of other hedge funds also recently made changes to their positions in FLOT. Goldman Sachs Group Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 8.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 505,810 shares of the company’s stock worth $25,604,000 after purchasing an additional 40,947 shares during the last quarter. Banque Cantonale Vaudoise grew its holdings in shares of iShares Floating Rate Bond ETF by 35.8% in the 1st quarter. Banque Cantonale Vaudoise now owns 5,135 shares of the company’s stock worth $262,000 after purchasing an additional 1,355 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 47.8% in the 1st quarter. Park Avenue Securities LLC now owns 30,116 shares of the company’s stock worth $1,538,000 after purchasing an additional 9,736 shares during the last quarter. Global Assets Advisory LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth about $4,243,000. Finally, Crane Advisory LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth about $200,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT opened at $50.95 on Monday. The firm’s 50-day simple moving average is $50.93 and its 200-day simple moving average is $50.96. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders 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 a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

iShares Floating Rate Bond ETF Company 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.