6,763 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Purchased by Elm3 Financial Group LLC

Elm3 Financial Group LLC purchased a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,763 shares of the company’s stock, valued at approximately $344,000.

A number of other large investors have also added to or reduced their stakes in FLOT. Logan Capital Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at $27,000. Darwin Wealth Management LLC bought a new position in iShares Floating Rate Bond ETF during the third quarter valued at $27,000. Eastern Bank purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $41,000. Finally, Bull Oak Capital LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $115,000.

iShares Floating Rate Bond ETF Stock Down 0.1 %

Shares of BATS:FLOT opened at $50.94 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The company has a 50-day moving average price of $50.94 and a 200 day moving average price of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a $0.2021 dividend. The ex-dividend date of this dividend is 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.