iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 28.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,386 shares of the company’s stock after acquiring an additional 3,448 shares during the quarter. CENTRAL TRUST Co’s holdings in iShares Floating Rate Bond ETF were worth $783,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FLOT. Logan Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. Darwin Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $27,000. Eastern Bank purchased a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $41,000. Finally, Bull Oak Capital LLC purchased a new position in iShares Floating Rate Bond ETF in the third quarter valued at approximately $115,000.

iShares Floating Rate Bond ETF Trading Down 0.1 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.91 on Tuesday. The firm’s 50 day moving average is $50.95 and its two-hundred day moving average 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 announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2021 per share. The ex-dividend date is Monday, February 3rd.

iShares Floating Rate Bond ETF 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.