KCS Wealth Advisory Invests $323,000 in iShares Trust (FLOT) Stock

KCS Wealth Advisory bought a new position in shares of iShares Trust (BATS:FLOT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,349 shares of the company’s stock, valued at approximately $323,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bremer Trust National Association boosted its holdings in iShares Trust by 22.9% during the fourth quarter. Bremer Trust National Association now owns 23,112 shares of the company’s stock worth $1,175,000 after purchasing an additional 4,304 shares during the last quarter. Oak Point Wealth Management acquired a new position in iShares Trust during the fourth quarter worth $1,466,000. Hefty Wealth Partners boosted its holdings in iShares Trust by 2.3% during the fourth quarter. Hefty Wealth Partners now owns 60,912 shares of the company’s stock worth $3,096,000 after purchasing an additional 1,345 shares during the last quarter. Finally, Capital Investment Services of America Inc. boosted its holdings in iShares Trust by 1.9% during the fourth quarter. Capital Investment Services of America Inc. now owns 472,884 shares of the company’s stock worth $24,032,000 after purchasing an additional 8,925 shares during the last quarter.

iShares Trust (FLOT) opened at $50.91 on Friday. iShares Trust has a 1-year low of $50.70 and a 1-year high of $50.98.

The firm also recently announced a monthly dividend, which was paid on Thursday, December 28th. Investors of record on Friday, December 22nd were issued a dividend of $0.0655 per share. This represents a $0.79 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Thursday, December 21st.

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