iShares Floating Rate Bond ETF (BATS:FLOT) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,847 shares of the company’s stock after selling 6,800 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.09% of iShares Floating Rate Bond ETF worth $6,607,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of 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 boosted its position in iShares Floating Rate Bond ETF by 227.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock valued at $71,000 after buying an additional 967 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $100,000. Finally, Marshall Investment Management LLC purchased a new stake in iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $117,000.

iShares Floating Rate Bond ETF Trading Up 0.2 %

Shares of BATS FLOT opened at $51.07 on Friday. The business’s 50 day moving average price is $50.96 and its 200 day moving average price is $50.95. 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 announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2021 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares Floating Rate Bond ETF

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.