iShares Floating Rate Bond ETF (FLOT) to Issue Dividend of $0.19 on March 6th

iShares Floating Rate Bond ETF (BATS:FLOT) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.1912 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT traded up $0.12 during mid-day trading on Friday, hitting $51.10. 2,399,080 shares of the company’s stock were exchanged. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10. The company has a 50-day simple moving average of $50.97 and a 200 day simple moving average of $50.96.

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.