Canal Insurance CO Sells 22,000 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Canal Insurance CO lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 22.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,000 shares of the company’s stock after selling 22,000 shares during the quarter. Canal Insurance CO’s holdings in iShares Floating Rate Bond ETF were worth $3,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of FLOT. Demars Financial Group LLC boosted its stake in iShares Floating Rate Bond ETF by 5,019.0% in the 4th quarter. Demars Financial Group LLC now owns 38,039,428 shares of the company’s stock worth $1,935,446,000 after purchasing an additional 37,296,320 shares during the period. Proficio Capital Partners LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 2,108.2% during the 4th quarter. Proficio Capital Partners LLC now owns 4,554,163 shares of the company’s stock valued at $231,716,000 after buying an additional 4,347,920 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares Floating Rate Bond ETF during the 4th quarter valued at about $43,863,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Floating Rate Bond ETF by 103.5% during the 4th quarter. JPMorgan Chase & Co. now owns 1,414,905 shares of the company’s stock valued at $71,990,000 after buying an additional 719,584 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of iShares Floating Rate Bond ETF by 21.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock valued at $135,286,000 after buying an additional 470,630 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $51.00 on Friday. The business’s 50 day simple moving average is $50.86 and its two-hundred day simple moving average is $50.89. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year 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.