iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 19.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,814 shares of the company’s stock after selling 1,946 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $398,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. lifted its position in iShares Floating Rate Bond ETF by 31.0% in the third quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after purchasing an additional 1,118,243 shares during the period. DAVENPORT & Co LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 15.6% in the fourth quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock valued at $65,358,000 after buying an additional 172,943 shares in the last quarter. Haverford Trust Co increased its holdings in shares of iShares Floating Rate Bond ETF by 1.4% in the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after buying an additional 16,112 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares Floating Rate Bond ETF by 16.9% in the fourth quarter. Truist Financial Corp now owns 1,030,346 shares of the company’s stock valued at $52,424,000 after buying an additional 148,673 shares in the last quarter. Finally, Demars Financial Group LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 0.9% in the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after buying an additional 6,805 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

BATS FLOT opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business’s fifty day moving average is $50.95 and its two-hundred day moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2021 dividend. The ex-dividend date was Monday, February 3rd.

iShares Floating Rate Bond ETF Company 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.