Meitav Investment House Ltd. Sells 1,435 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Meitav Investment House Ltd. trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 18.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,169 shares of the company’s stock after selling 1,435 shares during the quarter. Meitav Investment House Ltd.’s holdings in iShares Floating Rate Bond ETF were worth $315,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hudson Valley Investment Advisors Inc. ADV increased its stake in iShares Floating Rate Bond ETF by 2.8% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 143,702 shares of the company’s stock worth $7,335,000 after acquiring an additional 3,979 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 12.6% in the third quarter. SteelPeak Wealth LLC now owns 6,382 shares of the company’s stock valued at $326,000 after purchasing an additional 715 shares in the last quarter. Diversify Wealth Management LLC increased its position in iShares Floating Rate Bond ETF by 20.1% in the third quarter. Diversify Wealth Management LLC now owns 5,984 shares of the company’s stock worth $305,000 after purchasing an additional 1,002 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in iShares Floating Rate Bond ETF by 46.7% during the third quarter. Pinnacle Associates Ltd. now owns 22,905 shares of the company’s stock valued at $1,159,000 after purchasing an additional 7,295 shares in the last quarter. Finally, TCP Asset Management LLC lifted its position in iShares Floating Rate Bond ETF by 15.7% during the third quarter. TCP Asset Management LLC now owns 346,641 shares of the company’s stock valued at $17,693,000 after purchasing an additional 47,061 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.03 on Friday. The firm has a fifty day simple moving average of $50.96 and a two-hundred day simple moving average of $50.97. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

iShares Floating Rate Bond ETF 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.