Axxcess Wealth Management LLC Increases Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Posted by Dante Gardener on Mar 19th, 2025

Axxcess Wealth Management LLC raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,032 shares of the company’s stock after purchasing an additional 1,289 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Floating Rate Bond ETF were worth $2,749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth $25,000. Darwin Wealth Management LLC purchased a new stake in iShares Floating Rate Bond ETF during the third quarter valued at about $27,000. Boyd Watterson Asset Management LLC OH lifted its stake in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 967 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Floating Rate Bond ETF in the 4th quarter worth about $100,000. Finally, Marshall Investment Management LLC bought a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $117,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.99 on Wednesday. The stock’s 50-day moving average is $50.99 and its 200 day moving average is $50.95. iShares Floating Rate Bond ETF has a 1-year low of $50.28 and a 1-year high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

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

iShares Floating Rate Bond ETF Profile

(Free Report)

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.