iShares Floating Rate Bond ETF $FLOT Stake Increased by Lcnb Corp

Lcnb Corp raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 369.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,329 shares of the company’s stock after acquiring an additional 23,875 shares during the quarter. Lcnb Corp’s holdings in iShares Floating Rate Bond ETF were worth $1,543,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in FLOT. Lowe Brockenbrough & Co. Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $30,000. Tucker Asset Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter worth about $37,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter worth about $41,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares Floating Rate Bond ETF in the third quarter worth about $72,000. Finally, Winnow Wealth LLC bought a new stake in iShares Floating Rate Bond ETF in the third quarter valued at about $76,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.04 on Monday. The stock’s 50 day moving average price is $50.92 and its two-hundred day moving average price is $50.92. iShares Floating Rate Bond ETF has a 52-week low of $50.67 and a 52-week high of $51.09.

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.