Hartline Investment Corp Increases Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Hartline Investment Corp boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 284.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 398,935 shares of the company’s stock after buying an additional 295,204 shares during the period. iShares Floating Rate Bond ETF accounts for approximately 2.5% of Hartline Investment Corp’s portfolio, making the stock its 13th largest position. Hartline Investment Corp owned 0.28% of iShares Floating Rate Bond ETF worth $20,362,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Pineridge Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 172.0% in the first quarter. Pineridge Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after purchasing an additional 430 shares in the last quarter. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF during the third quarter valued at $41,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at $50,000. Finally, LRI Investments LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $82,000.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.94 on Wednesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The company has a 50-day moving average of $50.94 and a 200 day moving average of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.26 per share. This is an increase from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend 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.