Heritage Oak Wealth Advisors LLC Buys Shares of 25,039 iShares Floating Rate Bond ETF (BATS:FLOT)

Heritage Oak Wealth Advisors LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 25,039 shares of the company’s stock, valued at approximately $1,278,000.

A number of other large investors have also made changes to their positions in the business. Bull Oak Capital LLC purchased a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth about $115,000. BTS Asset Management Inc. boosted its stake in iShares Floating Rate Bond ETF by 132.6% in the 3rd 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 in the last quarter. Guidance Capital Inc. grew its position 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 worth $4,950,000 after purchasing an additional 8,782 shares during the last quarter. Private Advisor Group LLC increased its stake in iShares Floating Rate Bond ETF by 0.8% during the 3rd quarter. Private Advisor Group LLC now owns 125,769 shares of the company’s stock valued at $6,419,000 after purchasing an additional 1,035 shares in the last quarter. Finally, Eastern Bank purchased a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $41,000.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.01 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 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 disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.26 dividend. This is a boost 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.