OneAscent Wealth Management LLC Makes New Investment in iShares Floating Rate Bond ETF (BATS:FLOT)

OneAscent Wealth Management LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,600 shares of the company’s stock, valued at approximately $643,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Csenge Advisory Group lifted its holdings in shares of iShares Floating Rate Bond ETF by 3.1% during the 2nd quarter. Csenge Advisory Group now owns 31,654 shares of the company’s stock worth $1,617,000 after acquiring an additional 953 shares during the period. HTLF Bank bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $301,000. Quadrature Capital Ltd bought a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter worth approximately $809,000. Lionsbridge Wealth Management LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $1,154,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 79.2% during the 2nd quarter. Principal Financial Group Inc. now owns 42,075 shares of the company’s stock worth $2,150,000 after acquiring an additional 18,600 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT traded up $0.01 on Monday, hitting $50.96. The company had a trading volume of 2,379,364 shares. The firm has a 50 day moving average of $50.95 and a two-hundred day moving average of $50.96. iShares Floating Rate Bond ETF has a 52 week low of $50.76 and a 52 week high of $51.10.

iShares Floating Rate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.26 dividend. This is a boost from iShares Floating Rate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 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.