OneAscent Financial Services LLC Makes New $1.43 Million Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

OneAscent Financial Services LLC acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 28,004 shares of the company’s stock, valued at approximately $1,425,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Kesler Norman & Wride LLC increased its stake in shares of iShares Floating Rate Bond ETF by 10.0% during the 4th quarter. Kesler Norman & Wride LLC now owns 131,983 shares of the company’s stock worth $6,715,000 after purchasing an additional 12,042 shares during the last quarter. Alliance Wealth Management Group raised its position in iShares Floating Rate Bond ETF by 3.0% in the fourth quarter. Alliance Wealth Management Group now owns 247,554 shares of the company’s stock valued at $12,596,000 after purchasing an additional 7,224 shares during the last quarter. Front Row Advisors LLC increased its holdings in iShares Floating Rate Bond ETF by 14.1% in the fourth quarter. Front Row Advisors LLC now owns 1,614 shares of the company’s stock valued at $82,000 after purchasing an additional 200 shares during the period. May Hill Capital LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the fourth quarter worth approximately $1,069,000. Finally, Headlands Technologies LLC acquired a new stake in iShares Floating Rate Bond ETF during the 4th quarter worth about $57,000.

iShares Floating Rate Bond ETF Stock Down 0.2 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.87 on Wednesday. The business has a 50-day simple moving average of $51.00 and a 200 day simple moving average of $50.96. iShares Floating Rate Bond ETF has a one year low of $50.28 and a one year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

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

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.