Banque Cantonale Vaudoise Sells 2,750 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Banque Cantonale Vaudoise reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 79.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 720 shares of the company’s stock after selling 2,750 shares during the period. Banque Cantonale Vaudoise’s holdings in iShares Floating Rate Bond ETF were worth $37,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Csenge Advisory Group grew its holdings in shares of iShares Floating Rate Bond ETF by 3.1% in the second quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock valued at $1,617,000 after purchasing an additional 953 shares in the last quarter. HTLF Bank bought a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter worth about $301,000. Quadrature Capital Ltd purchased a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at about $809,000. Lionsbridge Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at about $1,154,000. Finally, Principal Financial Group Inc. grew its position in iShares Floating Rate Bond ETF by 79.2% in the second quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after acquiring an additional 18,600 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s 50 day simple moving average is $50.96 and its two-hundred day simple moving average is $50.96.

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 issued a dividend of $0.26 per share. 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 Company 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.