Flagship Harbor Advisors LLC Invests $227,000 in iShares Floating Rate Bond ETF (FLOT) Stock

Flagship Harbor Advisors LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,470 shares of the company’s stock, valued at approximately $227,000.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in iShares Floating Rate Bond ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 1,667,306 shares of the company’s stock valued at $84,916,000 after purchasing an additional 580,556 shares during the period. MCF Advisors LLC boosted its holdings in iShares Floating Rate Bond ETF by 6,962.4% in the 1st quarter. MCF Advisors LLC now owns 53,321 shares of the company’s stock valued at $2,716,000 after purchasing an additional 52,566 shares during the period. Edge Wealth Management LLC boosted its holdings in iShares Floating Rate Bond ETF by 6.1% in the 2nd quarter. Edge Wealth Management LLC now owns 19,548 shares of the company’s stock valued at $997,000 after purchasing an additional 1,128 shares during the period. Donald L. Hagan LLC boosted its holdings in iShares Floating Rate Bond ETF by 3.4% in the 2nd quarter. Donald L. Hagan LLC now owns 30,221 shares of the company’s stock valued at $1,541,000 after purchasing an additional 1,004 shares during the period. Finally, Stephens Inc. AR boosted its holdings in iShares Floating Rate Bond ETF by 144.2% in the 2nd quarter. Stephens Inc. AR now owns 128,410 shares of the company’s stock valued at $6,549,000 after purchasing an additional 75,826 shares during the period.

BATS:FLOT traded up $0.01 during trading hours on Friday, hitting $50.96. The stock had a trading volume of 2,871,544 shares. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

The company also recently declared a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were issued a $0.1105 dividend. This represents a $1.33 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Monday, October 1st.

Further Reading: Treasury Bonds

Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

Receive News & Ratings for iShares Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply