TrinityPoint Wealth LLC Increases Stake in iShares Floating Rate Bond ETF (FLOT)

TrinityPoint Wealth LLC lifted its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 21.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,729 shares of the company’s stock after acquiring an additional 5,692 shares during the period. TrinityPoint Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,615,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FLOT. Bank of America Corp DE grew its position in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 20,283,771 shares of the company’s stock valued at $1,021,492,000 after buying an additional 267,091 shares during the last quarter. Morgan Stanley grew its position in iShares Floating Rate Bond ETF by 9.6% in the 3rd quarter. Morgan Stanley now owns 4,146,168 shares of the company’s stock valued at $211,537,000 after buying an additional 362,000 shares during the last quarter. BlackRock Inc. grew its position in iShares Floating Rate Bond ETF by 41.4% in the 4th quarter. BlackRock Inc. now owns 2,887,901 shares of the company’s stock valued at $145,435,000 after buying an additional 845,648 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares Floating Rate Bond ETF by 16.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,468,788 shares of the company’s stock valued at $124,330,000 after buying an additional 343,550 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 1,874,315 shares of the company’s stock valued at $94,390,000 after buying an additional 23,352 shares during the last quarter.

BATS:FLOT opened at $50.88 on Friday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10.

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

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Institutional Ownership by Quarter for iShares Floating Rate Bond ETF (BATS:FLOT)

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