MRP Capital Investments LLC Buys 7,000 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

MRP Capital Investments LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1,400.0% in the 4th quarter, Holdings Channel reports. The firm owned 7,500 shares of the company’s stock after purchasing an additional 7,000 shares during the quarter. MRP Capital Investments LLC’s holdings in iShares Floating Rate Bond ETF were worth $382,000 at the end of the most recent quarter.

Other large investors have also 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 grew 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 acquiring 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 Trading Up 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Friday. The business has a 50-day moving average price of $50.99 and a two-hundred day moving average price of $50.95. iShares Floating Rate Bond ETF has a 1-year low of $50.28 and a 1-year high of $51.16.

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 $0.1912 dividend. The ex-dividend date was Monday, March 3rd.

About iShares Floating Rate Bond ETF

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.