Wealth Enhancement Advisory Services LLC Buys Shares of 7,453 iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Defense World Staff on Jul 13th, 2023

Wealth Enhancement Advisory Services LLC bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,453 shares of the company’s stock, valued at approximately $376,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Boyd Watterson Asset Management LLC OH acquired a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $25,000. EWG Elevate Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $26,000. Element Wealth LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $29,000. Pinnacle Bancorp Inc. raised its position in shares of iShares Floating Rate Bond ETF by 101.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 645 shares of the company’s stock worth $32,000 after purchasing an additional 325 shares during the period. Finally, Stonebridge Capital Advisors LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at approximately $32,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.64 on Thursday. The business’s 50 day simple moving average is $50.62 and its 200 day simple moving average is $50.50. 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 Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, July 10th. Investors of record on Wednesday, July 5th were given a $0.2341 dividend. The ex-dividend date was Monday, July 3rd.

About iShares Floating Rate Bond ETF

(Free Report)

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.