Pinnacle Financial Partners Inc Has $1.03 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Jay Halladay on Feb 24th, 2025

Pinnacle Financial Partners Inc increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,168 shares of the company’s stock after purchasing an additional 751 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares Floating Rate Bond ETF were worth $1,026,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF during the third quarter worth about $25,000. Darwin Wealth Management LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF during the third quarter worth about $41,000. Boyd Watterson Asset Management LLC OH grew its stake in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after buying an additional 967 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $100,000.

iShares Floating Rate Bond ETF Stock Up 0.1 %

Shares of iShares Floating Rate Bond ETF stock 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 50-day moving average price is $50.95 and its two-hundred day moving average price is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

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

About iShares Floating Rate Bond ETF

(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.