21,003 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Purchased by May Hill Capital LLC

May Hill Capital LLC acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,003 shares of the company’s stock, valued at approximately $1,069,000.

Several other large investors have also bought and sold shares of the company. Logan Capital Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $25,000. Headlands Technologies LLC bought a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter worth approximately $57,000. Boyd Watterson Asset Management LLC OH grew its stake in shares of iShares Floating Rate Bond ETF by 227.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after buying an additional 967 shares during the last quarter. Sanctuary Wealth Management L.L.C. increased its position in iShares Floating Rate Bond ETF by 20.0% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 1,598 shares of the company’s stock valued at $81,000 after buying an additional 266 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the fourth quarter valued at $100,000.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.06 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16. The business’s fifty day simple moving average is $51.00 and its two-hundred day simple moving average is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date was Monday, March 3rd.

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.