Private Trust Co. NA Purchases 5,914 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Private Trust Co. NA raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 133.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,358 shares of the company’s stock after purchasing an additional 5,914 shares during the quarter. Private Trust Co. NA’s holdings in iShares Floating Rate Bond ETF were worth $529,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FLOT. Pine Valley Investments Ltd Liability Co increased its position in shares of iShares Floating Rate Bond ETF by 1.5% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 14,136 shares of the company’s stock worth $722,000 after acquiring an additional 210 shares in the last quarter. Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 4.4% in the second quarter. Schmidt P J Investment Management Inc. now owns 5,597 shares of the company’s stock valued at $286,000 after purchasing an additional 235 shares in the last quarter. Spire Wealth Management boosted its position in shares of iShares Floating Rate Bond ETF by 3.5% during the second quarter. Spire Wealth Management now owns 6,994 shares of the company’s stock valued at $357,000 after buying an additional 236 shares during the last quarter. Western Financial Corp CA boosted its position in shares of iShares Floating Rate Bond ETF by 1.9% during the third quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock valued at $694,000 after buying an additional 256 shares during the last quarter. Finally, Schwab Charitable Fund grew its holdings in iShares Floating Rate Bond ETF by 1.0% during the first quarter. Schwab Charitable Fund now owns 27,106 shares of the company’s stock worth $1,384,000 after buying an additional 265 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $51.04 on Wednesday. The stock’s fifty day simple moving average is $50.96 and its two-hundred day simple moving average is $50.96. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.26 per share. This is a positive change 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.