C M Bidwell & Associates Ltd. acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 12,935 shares of the company’s stock, valued at approximately $659,000.

Other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its stake 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 last quarter. PNC Financial Services Group Inc. lifted its stake in iShares Floating Rate Bond ETF by 5.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,874,384 shares of the company’s stock valued at $95,461,000 after buying an additional 98,006 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares Floating Rate Bond ETF by 123.8% in the first quarter. Envestnet Asset Management Inc. now owns 1,490,511 shares of the company’s stock valued at $75,922,000 after buying an additional 824,367 shares during the last quarter. MV Capital Management Inc. lifted its stake in iShares Floating Rate Bond ETF by 11.5% in the first quarter. MV Capital Management Inc. now owns 1,263,542 shares of the company’s stock valued at $64,352,000 after buying an additional 129,950 shares during the last quarter. Finally, US Bancorp DE lifted its stake in iShares Floating Rate Bond ETF by 70.8% in the first quarter. US Bancorp DE now owns 1,144,298 shares of the company’s stock valued at $58,279,000 after buying an additional 474,463 shares during the last quarter.

FLOT stock opened at $51.04 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

The business also recently announced a monthly dividend, which was paid on Monday, May 7th. Shareholders of record on Wednesday, May 2nd were paid a $0.0888 dividend. This represents a $1.07 dividend on an annualized basis and a yield of 2.09%. This is a boost from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, May 1st.

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

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