NTV Asset Management LLC Acquires 1,874 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

NTV Asset Management LLC boosted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 12.6% in the fourth quarter, Holdings Channel reports. The firm owned 16,734 shares of the company’s stock after purchasing an additional 1,874 shares during the quarter. NTV Asset Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FLOT. Raymond James & Associates grew its position in shares of iShares Floating Rate Bond ETF by 8.4% in the third quarter. Raymond James & Associates now owns 415,944 shares of the company’s stock valued at $21,167,000 after purchasing an additional 32,326 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 421,033 shares of the company’s stock worth $21,426,000 after buying an additional 9,936 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 35.0% during the third quarter. J.W. Cole Advisors Inc. now owns 13,919 shares of the company’s stock worth $708,000 after buying an additional 3,610 shares in the last quarter. ETF Store Inc. boosted its position in shares of iShares Floating Rate Bond ETF by 1.8% in the third quarter. ETF Store Inc. now owns 66,335 shares of the company’s stock valued at $3,365,000 after acquiring an additional 1,199 shares during the period. Finally, Klaas Financial Asset Advisors LLC increased its position in iShares Floating Rate Bond ETF by 18.4% during the third quarter. Klaas Financial Asset Advisors LLC now owns 17,605 shares of the company’s stock worth $896,000 after acquiring an additional 2,742 shares during the period.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock traded up $0.02 during midday trading on Friday, hitting $50.90. The company’s stock had a trading volume of 942,290 shares. The company has a 50-day moving average price of $50.96 and a two-hundred day moving average price of $50.82. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2559 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, April 1st.

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.