Pine Valley Investments Ltd Liability Co Purchases 264 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Pine Valley Investments Ltd Liability Co boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,614 shares of the company’s stock after acquiring an additional 264 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in iShares Floating Rate Bond ETF were worth $744,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $25,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Boyd Watterson Asset Management LLC OH increased its holdings in shares of 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 in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at about $100,000. Finally, Marshall Investment Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at about $117,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $51.07 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The firm’s 50-day moving average price is $50.96 and its 200-day moving average price is $50.95.

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 issued 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

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.