SlateStone Wealth LLC Has $1.25 Million Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

SlateStone Wealth LLC boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 10.8% in the 4th quarter, HoldingsChannel reports. The firm owned 24,585 shares of the company’s stock after acquiring an additional 2,400 shares during the period. SlateStone Wealth LLC’s holdings in iShares Floating Rate Bond ETF were worth $1,251,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FLOT. Atria Investments Inc lifted its stake in iShares Floating Rate Bond ETF by 65.0% in the 3rd quarter. Atria Investments Inc now owns 15,177 shares of the company’s stock valued at $775,000 after purchasing an additional 5,979 shares during the last quarter. Coastline Trust Co acquired a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $352,000. Obsidian Personal Planning Solutions LLC lifted its stake in iShares Floating Rate Bond ETF by 12.3% in the 3rd quarter. Obsidian Personal Planning Solutions LLC now owns 136,101 shares of the company’s stock valued at $6,945,000 after purchasing an additional 14,937 shares during the last quarter. OneAscent Wealth Management LLC acquired a new stake in iShares Floating Rate Bond ETF during the third quarter worth approximately $643,000. Finally, Prospera Financial Services Inc lifted its position in iShares Floating Rate Bond ETF by 233.3% during the third quarter. Prospera Financial Services Inc now owns 15,579 shares of the company’s stock worth $795,000 after acquiring an additional 10,905 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $50.96 on Monday. The firm 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 12-month low of $50.76 and a 12-month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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