iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Addison Advisors LLC

Posted by Francis Steltz on Feb 26th, 2025

Addison Advisors LLC trimmed its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 36.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,400 shares of the company’s stock after selling 1,380 shares during the quarter. Addison Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $122,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FLOT. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth $25,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth $27,000. Boyd Watterson Asset Management LLC OH boosted 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 worth $71,000 after buying an additional 967 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $100,000. Finally, Marshall Investment Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $117,000.

iShares Floating Rate Bond ETF Stock Up 0.2 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.08 on Wednesday. The business has a fifty day simple moving average of $50.95 and a 200-day simple moving average of $50.95. 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 announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date was Monday, February 3rd.

About iShares Floating Rate Bond ETF

(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.