Park Avenue Securities LLC grew its position in shares of iShares Trust (BATS:FLOT) by 25.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 19,752 shares of the company’s stock after acquiring an additional 3,966 shares during the period. iShares Trust accounts for approximately 0.3% of Park Avenue Securities LLC’s investment portfolio, making the stock its 27th biggest holding. Park Avenue Securities LLC’s holdings in iShares Trust were worth $1,005,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FLOT. Grimes & Company Inc. acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $52,983,000. James Investment Research Inc. lifted its holdings in shares of iShares Trust by 21.2% during the 4th quarter. James Investment Research Inc. now owns 1,185,132 shares of the company’s stock valued at $60,229,000 after buying an additional 207,052 shares during the last quarter. Hudson Capital Management LLC acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $6,869,000. Telemus Capital LLC lifted its holdings in shares of iShares Trust by 75.6% during the 4th quarter. Telemus Capital LLC now owns 276,362 shares of the company’s stock valued at $14,045,000 after buying an additional 118,963 shares during the last quarter. Finally, Astor Investment Management LLC acquired a new stake in shares of iShares Trust during the 4th quarter valued at about $4,038,000.

Shares of iShares Trust (BATS:FLOT) opened at $50.98 on Friday. iShares Trust has a 1-year low of $50.74 and a 1-year high of $51.05.

The company also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were issued a dividend of $0.0726 per share. This represents a $0.87 annualized dividend and a dividend yield of 1.71%. This is a positive change from iShares Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Thursday, February 1st.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://www.dailypolitical.com/2018/02/10/park-avenue-securities-llc-increases-stake-in-ishares-trust-flot.html.

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

Institutional Ownership by Quarter for iShares Trust (BATS:FLOT)

Receive News & Ratings for iShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.