iShares Floating Rate Bond ETF (BATS:FLOT) Shares Bought by Logan Capital Management Inc.

Logan Capital Management Inc. grew its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 67.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 807 shares of the company’s stock after buying an additional 325 shares during the quarter. Logan Capital Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $41,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FLOT. Transce3nd LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $44,000. Headlands Technologies LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter worth about $57,000. Boyd Watterson Asset Management LLC OH raised its holdings in shares of iShares Floating Rate Bond ETF by 227.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 967 shares during the period. Sanctuary Wealth Management L.L.C. lifted its stake in shares of iShares Floating Rate Bond ETF by 20.0% in the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock valued at $81,000 after purchasing an additional 266 shares in the last quarter. Finally, Front Row Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 14.1% in the 4th quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock valued at $82,000 after purchasing an additional 200 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.3%

BATS FLOT opened at $50.83 on Wednesday. iShares Floating Rate Bond ETF has a 1-year low of $49.75 and a 1-year high of $51.34. The business’s 50-day simple moving average is $50.79 and its 200-day simple moving average is $50.90.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Floating Rate Bond ETF

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.