Eagle Bay Advisors LLC Sells 2,250 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Eagle Bay Advisors LLC cut its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 21.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,404 shares of the company’s stock after selling 2,250 shares during the period. Eagle Bay Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $429,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FLOT. Goldman Sachs Group Inc. lifted its holdings in iShares Floating Rate Bond ETF by 8.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 505,810 shares of the company’s stock valued at $25,604,000 after buying an additional 40,947 shares during the period. Global Assets Advisory LLC acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $4,243,000. Cascade Wealth Advisors Inc acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $10,194,000. Clarity Financial LLC lifted its holdings in iShares Floating Rate Bond ETF by 21.3% in the first quarter. Clarity Financial LLC now owns 32,954 shares of the company’s stock valued at $1,683,000 after buying an additional 5,790 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $288,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

BATS:FLOT traded up $0.02 during trading hours on Wednesday, hitting $50.98. The stock had a trading volume of 518,152 shares. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10. The business’s 50 day moving average is $50.94 and its 200-day moving average is $50.96.

iShares Floating Rate Bond ETF Increases Dividend

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

About iShares Floating Rate Bond ETF

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.