iShares Floating Rate Bond ETF (FLOT) Shares Bought by Brookstone Capital Management

Brookstone Capital Management boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 15.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 68,883 shares of the company’s stock after buying an additional 9,237 shares during the period. Brookstone Capital Management’s holdings in iShares Floating Rate Bond ETF were worth $3,469,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FLOT. Millennium Management LLC boosted its stake in iShares Floating Rate Bond ETF by 18.4% during the second quarter. Millennium Management LLC now owns 81,068 shares of the company’s stock valued at $4,134,000 after buying an additional 12,597 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Floating Rate Bond ETF by 20.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,010,933 shares of the company’s stock valued at $51,557,000 after purchasing an additional 169,432 shares during the period. MainStreet Investment Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $998,000. West Branch Capital LLC boosted its position in shares of iShares Floating Rate Bond ETF by 31.1% in the 3rd quarter. West Branch Capital LLC now owns 30,323 shares of the company’s stock valued at $1,547,000 after purchasing an additional 7,197 shares during the period. Finally, First Hawaiian Bank acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $1,765,000.

Shares of iShares Floating Rate Bond ETF stock opened at $50.72 on Wednesday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were paid a $0.1259 dividend. 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%. The ex-dividend date was Friday, February 1st.

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Read More: What is the QQQ ETF?

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)

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