Burke & Herbert Bank & Trust Co. Invests $224,000 in iShares Floating Rate Bond ETF (BATS:FLOT)

Burke & Herbert Bank & Trust Co. acquired a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,385 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Financial Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 2.8% during the 4th quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock worth $3,990,000 after buying an additional 2,128 shares during the last quarter. Private Wealth Partners LLC increased its position in iShares Floating Rate Bond ETF by 15.4% during the fourth quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock worth $759,000 after buying an additional 2,000 shares in the last quarter. Csenge Advisory Group boosted its stake in shares of iShares Floating Rate Bond ETF by 3.1% during the second quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock valued at $1,617,000 after acquiring an additional 953 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 14.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock worth $429,000 after buying an additional 1,051 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in shares of 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 purchasing an additional 654 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

BATS FLOT opened at $50.82 on Wednesday. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The company has a 50-day moving average of $50.96 and a 200-day moving average of $50.95.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.2494 dividend. The ex-dividend date was Monday, July 1st.

iShares Floating Rate Bond ETF 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.