429,861 Shares in iShares Floating Rate Bond ETF (FLOT) Purchased by Financial Sense Advisors Inc.

Financial Sense Advisors Inc. bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 429,861 shares of the company’s stock, valued at approximately $21,932,000. iShares Floating Rate Bond ETF makes up about 9.3% of Financial Sense Advisors Inc.’s holdings, making the stock its 3rd biggest holding.

Several other hedge funds also recently bought and sold shares of FLOT. Oak Asset Management LLC grew its stake in iShares Floating Rate Bond ETF by 7.1% during the 3rd quarter. Oak Asset Management LLC now owns 15,128 shares of the company’s stock valued at $772,000 after purchasing an additional 1,000 shares in the last quarter. Donald L. Hagan LLC grew its stake in iShares Floating Rate Bond ETF by 3.4% during the 2nd quarter. Donald L. Hagan LLC now owns 30,221 shares of the company’s stock valued at $1,541,000 after purchasing an additional 1,004 shares in the last quarter. Parallel Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 79.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,429 shares of the company’s stock valued at $124,000 after purchasing an additional 1,077 shares in the last quarter. Cottage Street Advisors LLC grew its stake in iShares Floating Rate Bond ETF by 9.6% during the 2nd quarter. Cottage Street Advisors LLC now owns 12,334 shares of the company’s stock valued at $629,000 after purchasing an additional 1,078 shares in the last quarter. Finally, Edge Wealth Management LLC grew its stake in iShares Floating Rate Bond ETF by 6.1% during the 2nd quarter. Edge Wealth Management LLC now owns 19,548 shares of the company’s stock valued at $997,000 after purchasing an additional 1,128 shares in the last quarter.

Shares of BATS FLOT opened at $50.86 on Friday. 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 disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd will be paid a dividend of $0.1138 per share. This represents a $1.37 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date of this dividend is Thursday, November 1st. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.11.

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

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