iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Whittier Trust Co.

Whittier Trust Co. reduced its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 74.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,105 shares of the company’s stock after selling 3,255 shares during the quarter. Whittier Trust Co.’s holdings in iShares Floating Rate Bond ETF were worth $56,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC boosted its position in shares of iShares Floating Rate Bond ETF by 9.3% in the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after purchasing an additional 298,003 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 12.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock valued at $100,545,000 after purchasing an additional 215,886 shares during the period. Hsbc Holdings PLC boosted its position in shares of iShares Floating Rate Bond ETF by 18.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock valued at $64,358,000 after purchasing an additional 194,624 shares during the period. Haverford Trust Co boosted its position in shares of iShares Floating Rate Bond ETF by 5.3% in the 1st quarter. Haverford Trust Co now owns 1,186,233 shares of the company’s stock valued at $60,569,000 after purchasing an additional 59,769 shares during the period. Finally, TRUE Private Wealth Advisors boosted its position in shares of 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 valued at $58,254,000 after purchasing an additional 323,386 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.01 on Friday. 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 moving average price of $50.95 and a 200 day moving average price 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. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, September 3rd.

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.