L.K. Benson & Company P.C. Invests $847,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Michael Walen on Mar 19th, 2025

L.K. Benson & Company P.C. purchased a new stake in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,647 shares of the company’s stock, valued at approximately $847,000.

A number of other large investors have also recently bought and sold shares of FLOT. Logan Capital Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $25,000. Darwin Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $27,000. Boyd Watterson Asset Management LLC OH boosted its stake 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 in the last quarter. MidAtlantic Capital Management Inc. bought a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at about $100,000. Finally, Marshall Investment Management LLC acquired a new position in iShares Floating Rate Bond ETF during the fourth quarter worth about $117,000.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.99 on Wednesday. The firm has a 50-day moving average price of $50.99 and a 200-day moving average price of $50.95. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1912 dividend. The ex-dividend date was Monday, March 3rd.

About iShares Floating Rate Bond ETF

(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.