IFG Advisory LLC boosted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 111.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,216 shares of the company’s stock after buying an additional 5,913 shares during the quarter. IFG Advisory LLC’s holdings in iShares Floating Rate Bond ETF were worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hollencrest Capital Management grew its position in iShares Floating Rate Bond ETF by 19.1% during the third quarter. Hollencrest Capital Management now owns 10,981 shares of the company’s stock worth $561,000 after buying an additional 1,762 shares during the period. Sheets Smith Wealth Management acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $2,531,000. David R. Rahn & Associates Inc. grew its position in shares of iShares Floating Rate Bond ETF by 26.7% in the third quarter. David R. Rahn & Associates Inc. now owns 7,110 shares of the company’s stock valued at $363,000 after purchasing an additional 1,500 shares during the last quarter. First United Bank Trust grew its position in shares of iShares Floating Rate Bond ETF by 21.5% in the third quarter. First United Bank Trust now owns 16,314 shares of the company’s stock valued at $832,000 after purchasing an additional 2,887 shares during the last quarter. Finally, Private Capital Advisors Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $290,000.

FLOT stock opened at $50.90 on Friday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were given a $0.1138 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.11. This represents a $1.37 annualized dividend and a dividend yield of 2.68%.

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

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