MidAtlantic Capital Management Inc. Takes $100,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

MidAtlantic Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,968 shares of the company’s stock, valued at approximately $100,000.

Several other large investors have also recently bought and sold shares of the company. Logan Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $25,000. Darwin Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at $27,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth $41,000. Bull Oak Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth $115,000. Finally, Northstar Advisory Group LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $204,000.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business has a fifty day simple moving average of $50.94 and a 200 day simple moving average of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2021 per share. The ex-dividend date was Monday, February 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.