First Horizon Advisors Inc. Boosts Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Logan Wallace on Feb 25th, 2025

First Horizon Advisors Inc. raised its position in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 42.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,593 shares of the company’s stock after acquiring an additional 3,138 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Floating Rate Bond ETF were worth $539,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Logan Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $25,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $27,000. Boyd Watterson Asset Management LLC OH boosted its position 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 in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter worth about $100,000. Finally, Northstar Advisory Group LLC purchased a new position in iShares Floating Rate Bond ETF in the 4th quarter valued at about $204,000.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $51.06 on Tuesday. The company’s 50-day moving average is $50.95 and its two-hundred day moving average is $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, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2021 per share. The ex-dividend date was Monday, February 3rd.

iShares Floating Rate Bond ETF Company Profile

(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.