State Farm Mutual Automobile Insurance Co. raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 51.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 105,555 shares of the company’s stock after buying an additional 35,965 shares during the quarter. State Farm Mutual Automobile Insurance Co.’s holdings in iShares Floating Rate Bond ETF were worth $5,369,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of FLOT. Financial Sense Advisors Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 772.5% during the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after buying an additional 626,378 shares during the last quarter. New York Life Investment Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 24.6% in the third quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after purchasing an additional 607,046 shares in the last quarter. New England Private Wealth Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 1,456.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 510,009 shares of the company’s stock valued at $25,952,000 after purchasing an additional 477,237 shares in the last quarter. Northern Trust Corp raised its stake in shares of iShares Floating Rate Bond ETF by 8.9% in the third quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock valued at $256,528,000 after purchasing an additional 408,643 shares in the last quarter. Finally, Milestone Asset Management LLC raised its stake in shares of iShares Floating Rate Bond ETF by 2,121.5% in the fourth quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after purchasing an additional 350,700 shares in the last quarter.
iShares Floating Rate Bond ETF Stock Performance
Shares of BATS FLOT opened at $50.93 on Tuesday. The business has a fifty day simple moving average of $50.92 and a 200 day simple moving average of $50.92. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year 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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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