LVW Advisors LLC acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,255 shares of the company’s stock, valued at approximately $718,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Certified Advisory Corp boosted its stake in shares of iShares Floating Rate Bond ETF by 154.8% in the 4th quarter. Certified Advisory Corp now owns 767 shares of the company’s stock worth $39,000 after buying an additional 466 shares during the last quarter. Camarda Financial Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 71.2% during the fourth quarter. Camarda Financial Advisors LLC now owns 1,075 shares of the company’s stock valued at $54,000 after purchasing an additional 447 shares in the last quarter. Parallel Advisors LLC lifted its position in iShares Floating Rate Bond ETF by 79.7% during the third quarter. Parallel Advisors LLC now owns 2,429 shares of the company’s stock valued at $124,000 after purchasing an additional 1,077 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its position in iShares Floating Rate Bond ETF by 25.0% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 2,500 shares of the company’s stock valued at $125,000 after purchasing an additional 500 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. purchased a new position in iShares Floating Rate Bond ETF during the third quarter valued at $142,000.

BATS FLOT opened at $50.73 on Monday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

The business also recently announced a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were given a dividend of $0.1259 per share. The ex-dividend date was Friday, February 1st. This is an increase from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.51 annualized dividend and a yield of 2.98%.

WARNING: This story was first published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at https://theolympiareport.com/2019/02/11/14255-shares-in-ishares-floating-rate-bond-etf-flot-purchased-by-lvw-advisors-llc.html.

Recommended Story: Preferred Stock

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

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

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