iShares Floating Rate Bond ETF (FLOT) Stake Lifted by WestEnd Advisors LLC

WestEnd Advisors LLC increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 23.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 356,213 shares of the company’s stock after acquiring an additional 68,689 shares during the period. iShares Floating Rate Bond ETF accounts for about 1.7% of WestEnd Advisors LLC’s holdings, making the stock its 28th biggest holding. WestEnd Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $18,135,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FLOT. Good Life Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 4.3% in the 4th quarter. Good Life Advisors LLC now owns 5,304 shares of the company’s stock valued at $267,000 after purchasing an additional 218 shares in the last quarter. Vanguard Capital Wealth Advisors lifted its holdings in iShares Floating Rate Bond ETF by 0.9% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 28,265 shares of the company’s stock valued at $1,423,000 after purchasing an additional 257 shares in the last quarter. Dakota Wealth Management lifted its holdings in iShares Floating Rate Bond ETF by 0.7% in the 1st quarter. Dakota Wealth Management now owns 49,442 shares of the company’s stock valued at $2,517,000 after purchasing an additional 320 shares in the last quarter. Nvwm LLC lifted its holdings in iShares Floating Rate Bond ETF by 3.7% in the 4th quarter. Nvwm LLC now owns 9,635 shares of the company’s stock valued at $485,000 after purchasing an additional 341 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in iShares Floating Rate Bond ETF by 30.2% in the 1st quarter. Parallel Advisors LLC now owns 1,755 shares of the company’s stock valued at $89,000 after purchasing an additional 407 shares in the last quarter.

Shares of FLOT stock opened at $50.86 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 company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.1243 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.49 dividend on an annualized basis and a yield of 2.93%.

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Further Reading: Hedge Funds – Risk or Reward?

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT).

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

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