US Bancorp DE decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 55.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 280,354 shares of the company’s stock after selling 344,591 shares during the quarter. US Bancorp DE owned about 0.20% of iShares Floating Rate Bond ETF worth $14,264,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Logan Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the third quarter worth about $27,000. Boyd Watterson Asset Management LLC OH lifted its holdings in iShares Floating Rate Bond ETF by 227.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 967 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth about $100,000. Finally, Marshall Investment Management LLC acquired a new stake in iShares Floating Rate Bond ETF in the fourth quarter worth about $117,000.
iShares Floating Rate Bond ETF Stock Down 0.1 %
FLOT stock opened at $50.92 on Tuesday. The company has a 50-day simple moving average of $50.97 and a 200 day simple moving average of $50.96. 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
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.
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