Cherry Tree Wealth Management LLC Has $398,000 Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Amy Steele on Feb 24th, 2025

Cherry Tree Wealth Management LLC reduced its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 19.9% during the 4th quarter, Holdings Channel.com reports. 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.

Several other large investors also recently added to or reduced their stakes in FLOT. Logan Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $25,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $27,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter worth $41,000. Boyd Watterson Asset Management LLC OH increased its stake in shares of 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 during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth $100,000.

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 firm’s fifty day simple moving average is $50.95 and its 200-day simple moving average is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors 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

(Free Report)

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.