iShares Floating Rate Bond ETF (BATS:FLOT) Shares Acquired by Scarborough Advisors LLC

Posted by Matthew Jenks on Feb 15th, 2025

Scarborough Advisors LLC boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 6.6% during the 4th quarter, HoldingsChannel reports. The firm owned 82,235 shares of the company’s stock after buying an additional 5,125 shares during the quarter. Scarborough Advisors LLC’s holdings in iShares Floating Rate Bond ETF were worth $4,184,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FLOT. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the third quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at approximately $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF during the 3rd quarter valued at $41,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Floating Rate Bond ETF during the 4th quarter worth $100,000. Finally, Bull Oak Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at $115,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.01 on Friday. The firm’s 50-day simple moving average is $50.94 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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