Mutual Advisors LLC increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 526.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,486 shares of the company’s stock after acquiring an additional 26,459 shares during the period. Mutual Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,606,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its holdings in iShares Floating Rate Bond ETF by 56.2% in the first quarter. Wells Fargo & Company MN now owns 4,801,620 shares of the company’s stock valued at $244,547,000 after buying an additional 1,726,909 shares during the period. Comerica Bank raised its holdings in iShares Floating Rate Bond ETF by 640.5% in the first quarter. Comerica Bank now owns 57,111 shares of the company’s stock valued at $2,912,000 after buying an additional 49,399 shares during the period. Prudential Financial Inc. raised its holdings in iShares Floating Rate Bond ETF by 83.1% in the first quarter. Prudential Financial Inc. now owns 601,568 shares of the company’s stock valued at $30,638,000 after buying an additional 273,000 shares during the period. Financial Gravity Wealth Inc. purchased a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $125,000. Finally, Alpha Cubed Investments LLC purchased a new position in iShares Floating Rate Bond ETF in the first quarter valued at approximately $5,134,000.

BATS FLOT traded up $0.01 during mid-day trading on Friday, hitting $50.98. The company’s stock had a trading volume of 30,255 shares. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

The firm also recently declared a monthly dividend, which was paid on Monday, September 10th. Investors of record on Wednesday, September 5th were issued a $0.1132 dividend. The ex-dividend date was Tuesday, September 4th. This represents a $1.36 annualized dividend and a yield of 2.66%.

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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