Dorsey & Whitney Trust CO LLC Sells 1,000 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Dorsey & Whitney Trust CO LLC cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 16.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,000 shares of the company’s stock after selling 1,000 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares Floating Rate Bond ETF were worth $254,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $25,000. Darwin Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $27,000. Boyd Watterson Asset Management LLC OH grew its position in 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 acquiring an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth approximately $100,000. Finally, Marshall Investment Management LLC purchased a new stake in iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $117,000.

iShares Floating Rate Bond ETF Stock Down 0.1 %

BATS:FLOT opened at $50.95 on Wednesday. The business has a 50 day simple moving average of $50.98 and a 200-day simple moving average of $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1912 dividend. The ex-dividend date was Monday, March 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.