iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Hartline Investment Corp

Posted by Don Miller on Feb 11th, 2025

Hartline Investment Corp increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 80.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 721,221 shares of the company’s stock after acquiring an additional 322,286 shares during the period. iShares Floating Rate Bond ETF comprises 4.2% of Hartline Investment Corp’s investment portfolio, making the stock its 7th biggest holding. Hartline Investment Corp owned 0.50% of iShares Floating Rate Bond ETF worth $36,696,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $25,000. Darwin Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth about $27,000. Eastern Bank bought a new stake in iShares Floating Rate Bond ETF in the 3rd quarter worth about $41,000. Bull Oak Capital LLC purchased a new stake in iShares Floating Rate Bond ETF in the 3rd quarter valued at about $115,000. Finally, Northstar Advisory Group LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter worth approximately $204,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $50.95 on Tuesday. The stock’s 50 day moving average price is $50.94 and its 200-day moving average price is $50.94. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date was Monday, February 3rd.

About iShares Floating Rate Bond ETF

(Free Report)

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.