Blue Fin Capital Inc. Buys 1,192 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Blue Fin Capital Inc. lifted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,447 shares of the company’s stock after acquiring an additional 1,192 shares during the quarter. Blue Fin Capital Inc.’s holdings in iShares Floating Rate Bond ETF were worth $934,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Loudon Investment Management LLC raised its stake in iShares Floating Rate Bond ETF by 14.6% in the fourth quarter. Loudon Investment Management LLC now owns 12,247 shares of the company’s stock valued at $623,000 after buying an additional 1,560 shares during the last quarter. SouthState Corp acquired a new stake in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $32,000. Aveo Capital Partners LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $592,000. Eldridge Investment Advisors Inc. raised its position in iShares Floating Rate Bond ETF by 96.2% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 26,138 shares of the company’s stock worth $1,323,000 after acquiring an additional 12,813 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in iShares Floating Rate Bond ETF by 444.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock valued at $41,000 after buying an additional 654 shares in the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.0 %

FLOT traded up $0.02 on Friday, hitting $50.90. 942,290 shares of the company’s stock were exchanged. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The firm has a 50-day moving average price of $50.96 and a 200-day moving average price of $50.82.

iShares Floating Rate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2559 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25.

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.