Arvest Investments Inc. Buys 1,923 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Arvest Investments Inc. lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 37,372 shares of the company’s stock after buying an additional 1,923 shares during the quarter. Arvest Investments Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,902,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Logan Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Boyd Watterson Asset Management LLC OH grew its position 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 valued at $71,000 after purchasing an additional 967 shares during the period. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at approximately $100,000. Finally, Marshall Investment Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter valued at approximately $117,000.

iShares Floating Rate Bond ETF Trading Up 0.0 %

Shares of FLOT opened at $51.00 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $50.28 and a 52-week high of $51.16. The stock has a 50 day simple moving average of $50.99 and a 200 day simple moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF 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.