CENTRAL TRUST Co Lowers Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

CENTRAL TRUST Co trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 14.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 11,938 shares of the company’s stock after selling 1,978 shares during the quarter. CENTRAL TRUST Co’s holdings in iShares Floating Rate Bond ETF were worth $609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BTS Asset Management Inc. boosted its holdings in iShares Floating Rate Bond ETF by 132.6% in the third quarter. BTS Asset Management Inc. now owns 19,407 shares of the company’s stock worth $991,000 after purchasing an additional 11,062 shares during the last quarter. Guidance Capital Inc. raised its stake in iShares Floating Rate Bond ETF by 9.9% during the 3rd quarter. Guidance Capital Inc. now owns 97,157 shares of the company’s stock valued at $4,950,000 after purchasing an additional 8,782 shares during the period. Private Advisor Group LLC lifted its holdings in iShares Floating Rate Bond ETF by 0.8% in the 3rd quarter. Private Advisor Group LLC now owns 125,769 shares of the company’s stock worth $6,419,000 after purchasing an additional 1,035 shares in the last quarter. Eastern Bank bought a new position in iShares Floating Rate Bond ETF in the 3rd quarter worth approximately $41,000. Finally, Argus Investors Counsel Inc. grew its holdings in iShares Floating Rate Bond ETF by 4.3% during the 3rd quarter. Argus Investors Counsel Inc. now owns 9,607 shares of the company’s stock valued at $490,000 after buying an additional 398 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.06 on Friday. The company’s fifty day moving average price is $50.95 and its 200-day moving average price is $50.96. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year 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 of this dividend was Tuesday, September 3rd. This is an increase 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.