Hexagon Capital Partners LLC Has $116,000 Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Hexagon Capital Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 590.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,300 shares of the company’s stock after acquiring an additional 1,967 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares Floating Rate Bond ETF were worth $116,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Advisors Inc. boosted its stake in shares of iShares Floating Rate Bond ETF by 195.5% during the third quarter. First Horizon Advisors Inc. now owns 656 shares of the company’s stock valued at $33,000 after purchasing an additional 434 shares in the last quarter. Planned Solutions Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in shares of iShares Floating Rate Bond ETF by 64.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock worth $71,000 after purchasing an additional 550 shares during the period. NBC Securities Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth $146,000. Finally, Fifth Third Bancorp increased its holdings in iShares Floating Rate Bond ETF by 244.6% in the third quarter. Fifth Third Bancorp now owns 3,381 shares of the company’s stock valued at $172,000 after purchasing an additional 2,400 shares during the period.

iShares Floating Rate Bond ETF Stock Down 0.4 %

Shares of FLOT opened at $50.88 on Thursday. The stock’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.82. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.2559 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.