OneAscent Financial Services LLC Takes $1.43 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

OneAscent Financial Services LLC purchased a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 28,004 shares of the company’s stock, valued at approximately $1,425,000.

Other hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. grew its holdings in iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock valued at $240,430,000 after purchasing an additional 1,118,243 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% in the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock worth $231,716,000 after acquiring an additional 4,347,920 shares during the period. LPL Financial LLC grew its holdings in iShares Floating Rate Bond ETF by 4.4% in the 4th quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after buying an additional 149,228 shares in the last quarter. New York Life Investment Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 12.8% during the fourth quarter. New York Life Investment Management LLC now owns 3,055,129 shares of the company’s stock valued at $155,445,000 after purchasing an additional 347,836 shares in the last quarter. Finally, Glenview Trust co boosted its holdings in shares of iShares Floating Rate Bond ETF by 5.3% in the fourth quarter. Glenview Trust co now owns 2,431,678 shares of the company’s stock valued at $123,724,000 after acquiring an additional 123,112 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.87 on Wednesday. iShares Floating Rate Bond ETF has a 1 year low of $50.28 and a 1 year high of $51.16. The firm’s 50 day moving average price is $51.00 and its two-hundred day moving average price is $50.96.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced 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 was Monday, March 3rd.

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.