EP Wealth Advisors LLC Has $455,000 Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

EP Wealth Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 74.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,906 shares of the company’s stock after acquiring an additional 3,805 shares during the period. EP Wealth Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $455,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Csenge Advisory Group boosted its position 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 worth $1,617,000 after purchasing an additional 953 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in iShares Floating Rate Bond ETF by 47.8% in the first quarter. Park Avenue Securities LLC now owns 30,116 shares of the company’s stock worth $1,538,000 after acquiring an additional 9,736 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 12.5% in the first quarter. Sequoia Financial Advisors LLC now owns 6,771 shares of the company’s stock valued at $346,000 after acquiring an additional 755 shares during the period. HTLF Bank bought a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at approximately $301,000. Finally, Quadrature Capital Ltd acquired a new position in shares of iShares Floating Rate Bond ETF during the first quarter worth approximately $809,000.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $50.86 on Friday. The company has a fifty day simple moving average of $50.93 and a 200 day simple moving average of $50.97. 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 firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.26 per share. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares Floating Rate Bond ETF

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.