STA Wealth Management LLC Purchases Shares of 656,181 ISHARES TR/FLTG RATE NT ETF (FLOT)

STA Wealth Management LLC purchased a new stake in ISHARES TR/FLTG RATE NT ETF (BATS:FLOT) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 656,181 shares of the company’s stock, valued at approximately $33,419,000. ISHARES TR/FLTG RATE NT ETF makes up 11.2% of STA Wealth Management LLC’s holdings, making the stock its 2nd biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FLOT. MCF Advisors LLC lifted its holdings in shares of ISHARES TR/FLTG RATE NT ETF by 6,962.4% during the first quarter. MCF Advisors LLC now owns 53,321 shares of the company’s stock worth $2,716,000 after buying an additional 52,566 shares during the last quarter. Hilton Capital Management LLC grew its holdings in shares of ISHARES TR/FLTG RATE NT ETF by 20.7% during the fourth quarter. Hilton Capital Management LLC now owns 204,285 shares of the company’s stock worth $10,382,000 after purchasing an additional 35,010 shares during the last quarter. SSI Investment Management Inc. grew its holdings in shares of ISHARES TR/FLTG RATE NT ETF by 10.6% during the fourth quarter. SSI Investment Management Inc. now owns 149,296 shares of the company’s stock worth $7,586,000 after purchasing an additional 14,302 shares during the last quarter. Advisory Services Network LLC grew its holdings in shares of ISHARES TR/FLTG RATE NT ETF by 2.4% during the fourth quarter. Advisory Services Network LLC now owns 124,726 shares of the company’s stock worth $6,339,000 after purchasing an additional 2,971 shares during the last quarter. Finally, Virtus Alternative Investment Advisers Inc. bought a new stake in shares of ISHARES TR/FLTG RATE NT ETF during the fourth quarter worth $673,000.

Shares of FLOT stock opened at $50.93 on Thursday. ISHARES TR/FLTG RATE NT 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, June 7th. Stockholders of record on Monday, June 4th were issued a dividend of $0.0971 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.29%. The ex-dividend date was Friday, June 1st. This is a boost from ISHARES TR/FLTG RATE NT ETF’s previous monthly dividend of $0.09.

Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ISHARES TR/FLTG RATE NT ETF (BATS:FLOT).

Institutional Ownership by Quarter for ISHARES TR/FLTG RATE NT ETF (BATS:FLOT)

Receive News & Ratings for ISHARES TR/FLTG RATE NT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ISHARES TR/FLTG RATE NT ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply