Fiduciary Trust Co Buys 233 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Fiduciary Trust Co raised its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 0.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,537 shares of the company’s stock after buying an additional 233 shares during the period. Fiduciary Trust Co’s holdings in iShares Floating Rate Bond ETF were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.79 on Friday. The stock’s fifty day moving average price is $50.79 and its two-hundred day moving average price is $50.91. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Floating Rate Bond ETF Company Profile

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.