D.A. Davidson & CO. Has $2.27 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Joseph Griffin on Feb 22nd, 2025

D.A. Davidson & CO. reduced its stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,647 shares of the company’s stock after selling 1,835 shares during the period. D.A. Davidson & CO.’s holdings in iShares Floating Rate Bond ETF were worth $2,272,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Foundations Investment Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $651,000. Eastern Bank acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $41,000. Private Advisor Group LLC grew its stake in shares of iShares Floating Rate Bond ETF by 0.8% in the third quarter. Private Advisor Group LLC now owns 125,769 shares of the company’s stock valued at $6,419,000 after acquiring an additional 1,035 shares in the last quarter. Bull Oak Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $115,000. Finally, Heritage Oak Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at about $1,278,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.05 on Friday. The company’s 50-day simple moving average is $50.95 and its 200 day simple moving average is $50.94. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

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