Global Financial Private Capital LLC Sells 8,652 Shares of iShares Floating Rate Bond ETF (FLOT)

Global Financial Private Capital LLC lessened its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 11.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,287 shares of the company’s stock after selling 8,652 shares during the period. Global Financial Private Capital LLC’s holdings in iShares Floating Rate Bond ETF were worth $3,433,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in shares of iShares Floating Rate Bond ETF by 19.9% in the 2nd quarter. Bank of America Corp DE now owns 18,717,070 shares of the company’s stock valued at $954,570,000 after purchasing an additional 3,101,282 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Floating Rate Bond ETF by 27.7% in the 3rd quarter. Wells Fargo & Company MN now owns 8,055,989 shares of the company’s stock valued at $411,016,000 after purchasing an additional 1,746,487 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Floating Rate Bond ETF by 11.1% in the 2nd quarter. Morgan Stanley now owns 3,784,168 shares of the company’s stock valued at $192,993,000 after purchasing an additional 379,237 shares during the last quarter. FormulaFolio Investments LLC increased its stake in shares of iShares Floating Rate Bond ETF by 580.5% in the 2nd quarter. FormulaFolio Investments LLC now owns 3,776,180 shares of the company’s stock valued at $192,585,000 after purchasing an additional 3,221,272 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at $2,384,000.

Shares of FLOT opened at $50.90 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were paid a $0.1138 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Thursday, November 1st. This represents a $1.37 annualized dividend and a dividend yield of 2.68%.

COPYRIGHT VIOLATION NOTICE: “Global Financial Private Capital LLC Sells 8,652 Shares of iShares Floating Rate Bond ETF (FLOT)” was first posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2018/11/10/global-financial-private-capital-llc-sells-8652-shares-of-ishares-floating-rate-bond-etf-flot.html.

Featured Story: Benefits of owning preferred stock

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.

Leave a Reply