iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 29.9% in the fourth quarter, Holdings Channel reports. The firm owned 44,492 shares of the company’s stock after selling 18,983 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,264,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FLOT. Pinnacle Associates Ltd. lifted its holdings in iShares Floating Rate Bond ETF by 46.7% in the third quarter. Pinnacle Associates Ltd. now owns 22,905 shares of the company’s stock worth $1,159,000 after acquiring an additional 7,295 shares during the last quarter. Diversify Wealth Management LLC lifted its holdings in iShares Floating Rate Bond ETF by 20.1% in the third quarter. Diversify Wealth Management LLC now owns 5,984 shares of the company’s stock worth $305,000 after acquiring an additional 1,002 shares during the last quarter. SteelPeak Wealth LLC lifted its holdings in iShares Floating Rate Bond ETF by 12.6% in the third quarter. SteelPeak Wealth LLC now owns 6,382 shares of the company’s stock worth $326,000 after acquiring an additional 715 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV lifted its holdings in iShares Floating Rate Bond ETF by 2.8% in the third quarter. Hudson Valley Investment Advisors Inc. ADV now owns 143,702 shares of the company’s stock worth $7,335,000 after acquiring an additional 3,979 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in iShares Floating Rate Bond ETF by 143.8% in the third quarter. US Bancorp DE now owns 624,945 shares of the company’s stock worth $31,897,000 after acquiring an additional 368,596 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.07 on Thursday. The firm’s 50-day moving average price is $50.96 and its two-hundred day moving average price is $50.95. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2021 per share. 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.