1 North Wealth Services LLC Takes $7.11 Million Position in iShares Floating Rate Bond ETF (FLOT)

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1 North Wealth Services LLC acquired a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 141,228 shares of the company’s stock, valued at approximately $7,112,000. iShares Floating Rate Bond ETF comprises 5.9% of 1 North Wealth Services LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds also recently made changes to their positions in FLOT. Brookstone Capital Management lifted its stake in shares of iShares Floating Rate Bond ETF by 15.5% in the fourth quarter. Brookstone Capital Management now owns 68,883 shares of the company’s stock valued at $3,469,000 after buying an additional 9,237 shares in the last quarter. Strategic Financial Group LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 14.4% in the 4th quarter. Strategic Financial Group LLC now owns 22,350 shares of the company’s stock worth $1,126,000 after acquiring an additional 2,816 shares during the last quarter. Mirsky Financial Management CORP. purchased a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $8,030,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 0.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 505,056 shares of the company’s stock valued at $25,435,000 after buying an additional 1,821 shares in the last quarter. Finally, Rezny Wealth Management Inc. boosted its stake in iShares Floating Rate Bond ETF by 0.9% in the 4th quarter. Rezny Wealth Management Inc. now owns 153,414 shares of the company’s stock worth $7,725,000 after purchasing an additional 1,360 shares in the last quarter.

BATS FLOT opened at $50.75 on Thursday. 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 announced a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were paid a $0.1259 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Friday, February 1st. This represents a $1.51 dividend on an annualized basis and a yield of 2.98%.

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

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