Outlook Wealth Advisors LLC Buys 3,260 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Outlook Wealth Advisors LLC boosted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,040 shares of the company’s stock after acquiring an additional 3,260 shares during the period. Outlook Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,686,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Csenge Advisory Group boosted its holdings in shares of iShares Floating Rate Bond ETF by 3.1% during the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock valued at $1,617,000 after buying an additional 953 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 12.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 6,771 shares of the company’s stock valued at $346,000 after buying an additional 755 shares in the last quarter. HTLF Bank bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at $301,000. Quadrature Capital Ltd bought a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter valued at $809,000. Finally, Lionsbridge Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter valued at $1,154,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.07 on Friday. The company’s fifty day moving average price is $50.95 and its 200-day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

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

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.