Bryn Mawr Capital Management LLC Has $2.26 Million Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by John Perry on Feb 21st, 2025

Bryn Mawr Capital Management LLC cut its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 29.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,492 shares of the company’s stock after selling 18,983 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,264,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $25,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $41,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth approximately $100,000. Finally, Bull Oak Capital LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $115,000.

iShares Floating Rate Bond ETF Trading Up 0.1 %

BATS FLOT opened at $51.05 on Friday. The firm’s 50 day moving average is $50.95 and its 200-day moving average is $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2021 dividend. The ex-dividend date was Monday, February 3rd.

iShares Floating Rate Bond ETF Company Profile

(Free Report)

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.