Ascent Group LLC Acquires 91,368 Shares of iShares Floating Rate Bond ETF $FLOT

Ascent Group LLC grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1,710.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 96,711 shares of the company’s stock after acquiring an additional 91,368 shares during the period. Ascent Group LLC owned about 0.06% of iShares Floating Rate Bond ETF worth $4,937,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. NorthRock Partners LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 269.5% during the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock worth $27,000 after acquiring an additional 380 shares during the period. Asset Dedication LLC purchased a new stake in shares of iShares Floating Rate Bond ETF in the 1st quarter worth approximately $29,000. Ameriflex Group Inc. purchased a new stake in shares of iShares Floating Rate Bond ETF in the 4th quarter worth approximately $33,000. WASHINGTON TRUST Co grew its stake in shares of iShares Floating Rate Bond ETF by 242.6% in the 1st quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after buying an additional 490 shares during the last quarter. Finally, Logan Capital Management Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 67.4% in the 4th quarter. Logan Capital Management Inc. now owns 807 shares of the company’s stock worth $41,000 after buying an additional 325 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.88 on Monday. The stock’s 50 day moving average is $50.97 and its 200 day moving average is $50.89. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

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.