MCF Advisors LLC Has $5.07 Million Position in iShares Floating Rate Bond ETF (FLOT)

MCF Advisors LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 43.0% during the first quarter, Holdings Channel reports. The fund owned 99,649 shares of the company’s stock after acquiring an additional 29,956 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 0.9% of MCF Advisors LLC’s investment portfolio, making the stock its 19th biggest position. MCF Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $5,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. FTB Advisors Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 673.9% in the 4th quarter. FTB Advisors Inc. now owns 534 shares of the company’s stock valued at $27,000 after purchasing an additional 465 shares during the last quarter. Lavaca Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at $29,000. Stone House Investment Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter valued at $36,000. Certified Advisory Corp boosted its holdings in shares of iShares Floating Rate Bond ETF by 154.8% in the 4th quarter. Certified Advisory Corp now owns 767 shares of the company’s stock valued at $39,000 after purchasing an additional 466 shares during the last quarter. Finally, Citizens Financial Group Inc RI acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at $41,000.

Shares of FLOT traded up $0.02 during mid-day trading on Thursday, reaching $50.89. The company had a trading volume of 242,243 shares. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a $0.1243 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date was Wednesday, May 1st.

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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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