Allianz SE Invests $577,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

Allianz SE bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,338 shares of the company’s stock, valued at approximately $577,000.

Several other large investors also recently bought and sold shares of FLOT. Logan Capital Management Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter valued at approximately $25,000. Boyd Watterson Asset Management LLC OH increased its position in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after acquiring an additional 967 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $100,000. Marshall Investment Management LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at $117,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 26.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 2,680 shares of the company’s stock worth $136,000 after acquiring an additional 563 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.1 %

FLOT stock opened at $51.05 on Monday. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16. The company has a 50-day moving average price of $51.00 and a 200 day moving average price of $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

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