iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 32.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,842 shares of the company’s stock after purchasing an additional 3,120 shares during the period. United Asset Strategies Inc.’s holdings in iShares Floating Rate Bond ETF were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in FLOT. Strategic Investment Solutions Inc. IL purchased a new position in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at approximately $26,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth about $32,000. First Horizon Advisors Inc. raised its position in shares of iShares Floating Rate Bond ETF by 195.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 656 shares of the company’s stock worth $33,000 after purchasing an additional 434 shares during the last quarter. Planned Solutions Inc. purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at about $33,000. Finally, Retirement Group LLC increased its stake in iShares Floating Rate Bond ETF by 122.1% during the 2nd quarter. Retirement Group LLC now owns 682 shares of the company’s stock worth $35,000 after buying an additional 375 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.96 on Wednesday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The stock’s 50 day simple moving average is $50.93 and its 200-day simple moving average is $50.80.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost 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.