First Hawaiian Bank Increases Position in iShares Floating Rate Bond ETF (FLOT)

First Hawaiian Bank lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,892 shares of the company’s stock after buying an additional 2,295 shares during the period. First Hawaiian Bank’s holdings in iShares Floating Rate Bond ETF were worth $1,858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LFA Lugano Financial Advisors SA bought a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $2,384,000. Wells Fargo & Company MN grew its position in iShares Floating Rate Bond ETF by 27.7% during the 3rd quarter. Wells Fargo & Company MN now owns 8,055,989 shares of the company’s stock worth $411,016,000 after acquiring an additional 1,746,487 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares Floating Rate Bond ETF by 57.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,631,157 shares of the company’s stock worth $134,242,000 after acquiring an additional 961,221 shares during the last quarter. BlackRock Inc. grew its position in shares of iShares Floating Rate Bond ETF by 83.7% in the 3rd quarter. BlackRock Inc. now owns 2,042,253 shares of the company’s stock worth $104,196,000 after buying an additional 930,795 shares during the last quarter. Finally, Rehmann Capital Advisory Group grew its position in shares of iShares Floating Rate Bond ETF by 5,597.1% in the 3rd quarter. Rehmann Capital Advisory Group now owns 711,569 shares of the company’s stock worth $13,946,000 after buying an additional 699,079 shares during the last quarter.

Shares of FLOT stock opened at $50.48 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 24th. Stockholders of record on Wednesday, December 19th were given a $0.1236 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date was Tuesday, December 18th.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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