iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by Cadence Bank

Cadence Bank grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 8.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 83,864 shares of the company’s stock after purchasing an additional 6,663 shares during the quarter. Cadence Bank owned approximately 0.06% of iShares Floating Rate Bond ETF worth $4,280,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its position in iShares Floating Rate Bond ETF by 9.3% during the second quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock valued at $178,620,000 after acquiring an additional 298,003 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares Floating Rate Bond ETF by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock valued at $100,545,000 after buying an additional 215,886 shares during the period. Hsbc Holdings PLC raised its holdings in iShares Floating Rate Bond ETF by 18.3% in the second quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock valued at $64,358,000 after buying an additional 194,624 shares during the period. Haverford Trust Co grew its stake in iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock worth $59,608,000 after buying an additional 16,112 shares during the period. Finally, TRUE Private Wealth Advisors raised its stake in shares of iShares Floating Rate Bond ETF by 39.6% in the 2nd quarter. TRUE Private Wealth Advisors now owns 1,140,216 shares of the company’s stock valued at $58,254,000 after acquiring an additional 323,386 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.04 on Wednesday. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10. The company has a fifty day moving average price of $50.96 and a 200 day moving average price of $50.96.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.26 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

iShares Floating Rate Bond ETF 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.