GWN Securities Inc. Buys Shares of 5,616 iShares Floating Rate Bond ETF (BATS:FLOT)

GWN Securities Inc. bought a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,616 shares of the company’s stock, valued at approximately $286,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $25,000. Darwin Wealth Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at $27,000. Boyd Watterson Asset Management LLC OH grew its position in shares of iShares Floating Rate Bond ETF by 227.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after purchasing an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $100,000. Finally, Marshall Investment Management LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at $117,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $50.98 on Tuesday. The company has a fifty day moving average price of $50.99 and a 200-day moving average price of $50.95. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1912 dividend. The ex-dividend date of this dividend was Monday, March 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.