WJ Wealth Management LLC Increases Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Emily Schoerning on Feb 4th, 2025

WJ Wealth Management LLC lifted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 204.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,447 shares of the company’s stock after purchasing an additional 9,700 shares during the period. WJ Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $735,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLOT. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF during the 3rd quarter worth $25,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Eastern Bank purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $41,000. Finally, Bull Oak Capital LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $115,000.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.91 on Tuesday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The stock’s 50 day moving average price is $50.95 and its 200 day moving average price is $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a $0.2021 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Floating Rate Bond ETF 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.