Blueprint Investment Partners LLC Makes New $824,000 Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

Blueprint Investment Partners LLC acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, HoldingsChannel reports. The fund acquired 16,199 shares of the company’s stock, valued at approximately $824,000.

Other institutional investors also recently modified their holdings of the company. Logan Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF during the third quarter worth about $25,000. Boyd Watterson Asset Management LLC OH increased its holdings in shares of 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 acquiring an additional 967 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in iShares Floating Rate Bond ETF in the 4th quarter valued at $100,000. Marshall Investment Management LLC bought a new stake in iShares Floating Rate Bond ETF in the 4th quarter valued at $117,000. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of iShares Floating Rate Bond ETF by 26.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock valued at $136,000 after purchasing an additional 563 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT opened at $51.02 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.28 and a fifty-two week high of $51.16. The company’s 50-day moving average is $50.99 and its 200-day moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.