iShares Floating Rate Bond ETF (BATS:FLOT) Stake Reduced by US Bancorp DE

Posted by Steve Fairfield on Mar 4th, 2025

US Bancorp DE cut its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 55.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 280,354 shares of the company’s stock after selling 344,591 shares during the quarter. US Bancorp DE’s holdings in iShares Floating Rate Bond ETF were worth $14,264,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth about $27,000. Boyd Watterson Asset Management LLC OH raised its holdings in 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 worth $71,000 after buying an additional 967 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth about $100,000. Finally, Marshall Investment Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth about $117,000.

iShares Floating Rate Bond ETF Stock Performance

BATS FLOT opened at $50.92 on Tuesday. The stock’s 50-day moving average price is $50.97 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.1912 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

iShares Floating Rate Bond ETF Company Profile

(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.