Quantitative Strategies Inc. Acquires 1,209 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Quantitative Strategies Inc. boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,095 shares of the company’s stock after acquiring an additional 1,209 shares during the quarter. iShares Floating Rate Bond ETF accounts for 4.9% of Quantitative Strategies Inc.’s portfolio, making the stock its 6th largest position. Quantitative Strategies Inc. owned about 0.11% of iShares Floating Rate Bond ETF worth $8,003,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Cape Cod Five Cents Savings Bank increased its position in shares of iShares Floating Rate Bond ETF by 103.7% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 840,858 shares of the company’s stock valued at $42,791,000 after purchasing an additional 427,981 shares during the period. US Financial Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 2.8% during the 4th quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock valued at $3,990,000 after purchasing an additional 2,128 shares during the period. Private Wealth Partners LLC increased its position in shares of iShares Floating Rate Bond ETF by 15.4% during the 4th quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock valued at $759,000 after purchasing an additional 2,000 shares during the period. Sarasin & Partners LLP acquired a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $1,012,000. Finally, Foundations Investment Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF by 14.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock valued at $429,000 after purchasing an additional 1,051 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of FLOT stock traded up $0.04 during mid-day trading on Friday, hitting $51.10. 926,704 shares of the stock traded hands. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The company’s 50-day simple moving average is $50.98 and its 200-day simple moving average is $50.85.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. The ex-dividend date of this dividend was Monday, April 1st. 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.