Hohimer Wealth Management LLC Sells 300 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Hohimer Wealth Management LLC trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,840 shares of the company’s stock after selling 300 shares during the quarter. Hohimer Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. SouthState Corp acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter valued at $32,000. Planned Solutions Inc. bought a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at about $33,000. SRS Capital Advisors Inc. grew its holdings in iShares Floating Rate Bond ETF by 444.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 801 shares of the company’s stock worth $41,000 after acquiring an additional 654 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its position in iShares Floating Rate Bond ETF by 64.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock valued at $71,000 after acquiring an additional 550 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the fourth quarter valued at approximately $73,000.

iShares Floating Rate Bond ETF Stock Up 0.0 %

Shares of BATS FLOT traded up $0.02 during midday trading on Friday, hitting $51.06. The stock had a trading volume of 939,489 shares. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The company’s 50-day simple moving average is $50.98 and its 200 day simple moving average is $50.84.

iShares Floating Rate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2559 per share. This is a positive change from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Monday, April 1st.

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.