Trilogy Capital Inc. Has $8.08 Million Stake in iShares Floating Rate Bond ETF (FLOT)

Trilogy Capital Inc. grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 86.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,654 shares of the company’s stock after purchasing an additional 73,437 shares during the period. iShares Floating Rate Bond ETF makes up about 1.0% of Trilogy Capital Inc.’s portfolio, making the stock its 27th biggest holding. Trilogy Capital Inc.’s holdings in iShares Floating Rate Bond ETF were worth $8,077,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. FTB Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 673.9% during the 4th quarter. FTB Advisors Inc. now owns 534 shares of the company’s stock valued at $27,000 after purchasing an additional 465 shares during the last quarter. Lavaca Capital LLC purchased a new position in iShares Floating Rate Bond ETF in the 1st quarter worth $29,000. Stone House Investment Management LLC purchased a new position in iShares Floating Rate Bond ETF in the 1st quarter worth $36,000. Certified Advisory Corp raised its stake in iShares Floating Rate Bond ETF by 154.8% in the 4th quarter. Certified Advisory Corp now owns 767 shares of the company’s stock worth $39,000 after acquiring an additional 466 shares during the last quarter. Finally, Citizens Financial Group Inc RI purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter worth $41,000.

Shares of FLOT stock opened at $50.86 on Wednesday. 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 announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.1315 dividend. This is a positive change from iShares Floating Rate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, April 1st. This represents a $1.58 dividend on an annualized basis and a yield of 3.10%.

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

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