54,798 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Acquired by Dohj LLC

Dohj LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 54,798 shares of the company’s stock, valued at approximately $2,774,000.

Other large investors also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in shares of iShares Floating Rate Bond ETF by 17.5% in the 3rd quarter. Private Trust Co. NA now owns 4,899 shares of the company’s stock worth $249,000 after buying an additional 729 shares during the period. Virginia National Bank lifted its holdings in shares of iShares Floating Rate Bond ETF by 47.6% in the 3rd quarter. Virginia National Bank now owns 21,062 shares of the company’s stock worth $1,072,000 after buying an additional 6,788 shares during the period. MBM Wealth Consultants LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 15.6% in the 3rd quarter. MBM Wealth Consultants LLC now owns 127,685 shares of the company’s stock worth $6,476,000 after buying an additional 17,224 shares during the period. Connecticut Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $1,196,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of iShares Floating Rate Bond ETF by 2.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 342,754 shares of the company’s stock worth $17,443,000 after buying an additional 6,841 shares during the period.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock traded down $0.01 during mid-day trading on Friday, hitting $51.04. The stock had a trading volume of 1,485,999 shares. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10. The firm’s 50-day moving average is $50.96 and its two-hundred day moving average is $50.81.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2559 per share. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.