Farmers & Merchants Trust Co of Chambersburg PA Has $295,000 Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Farmers & Merchants Trust Co of Chambersburg PA boosted its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 38.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,801 shares of the company’s stock after purchasing an additional 1,620 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in iShares Floating Rate Bond ETF were worth $295,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FLOT. Concourse Financial Group Securities Inc. lifted its position in shares of iShares Floating Rate Bond ETF by 11.8% in the third quarter. Concourse Financial Group Securities Inc. now owns 8,566 shares of the company’s stock worth $437,000 after buying an additional 907 shares during the last quarter. PFG Advisors lifted its position in shares of iShares Floating Rate Bond ETF by 3.0% in the third quarter. PFG Advisors now owns 45,728 shares of the company’s stock worth $2,334,000 after buying an additional 1,334 shares during the last quarter. Good Life Advisors LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth about $276,000. Greenup Street Wealth Management LLC lifted its position in shares of iShares Floating Rate Bond ETF by 9.7% in the third quarter. Greenup Street Wealth Management LLC now owns 17,912 shares of the company’s stock worth $914,000 after buying an additional 1,579 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of iShares Floating Rate Bond ETF in the third quarter worth about $3,104,000.

iShares Floating Rate Bond ETF Stock Down 0.0 %

Shares of BATS:FLOT opened at $50.98 on Friday. iShares Floating Rate Bond ETF has a fifty-two week low of $50.76 and a fifty-two week high of $51.10. The business has a 50-day moving average of $50.94 and a two-hundred day moving average of $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders 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.