Burke & Herbert Bank & Trust Co. Has $203,000 Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Burke & Herbert Bank & Trust Co. cut its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 9.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,985 shares of the company’s stock after selling 400 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in iShares Floating Rate Bond ETF were worth $203,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Franklin Resources Inc. boosted its position in iShares Floating Rate Bond ETF by 31.0% during 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. US Bancorp DE boosted its holdings in shares of iShares Floating Rate Bond ETF by 143.8% during the 3rd quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after buying an additional 368,596 shares during the period. Hartline Investment Corp grew its stake in iShares Floating Rate Bond ETF by 80.8% in the 4th quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after buying an additional 322,286 shares during the last quarter. Mutual Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 880.7% in the 4th quarter. Mutual Advisors LLC now owns 249,801 shares of the company’s stock valued at $12,740,000 after acquiring an additional 224,329 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in iShares Floating Rate Bond ETF by 510.0% during the third quarter. Integrated Wealth Concepts LLC now owns 229,208 shares of the company’s stock worth $11,699,000 after acquiring an additional 191,633 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $51.01 on Monday. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The business has a 50 day moving average of $50.94 and a 200-day moving average of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed 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 of this dividend 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.