Edgestream Partners L.P. Trims Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by John Perry on Mar 12th, 2025

Edgestream Partners L.P. lessened its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,434 shares of the company’s stock after selling 461 shares during the period. Edgestream Partners L.P.’s holdings in iShares Floating Rate Bond ETF were worth $1,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in iShares Floating Rate Bond ETF during the third quarter worth $25,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth about $27,000. Boyd Watterson Asset Management LLC OH boosted its stake in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after acquiring an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $100,000. Finally, Marshall Investment Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at about $117,000.

iShares Floating Rate Bond ETF Trading Down 0.1 %

Shares of FLOT stock opened at $50.95 on Wednesday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business’s 50 day moving average is $50.98 and its two-hundred day moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF 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.