Trek Financial LLC lessened its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 59.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,710 shares of the company’s stock after selling 14,329 shares during the quarter. Trek Financial LLC’s holdings in iShares Floating Rate Bond ETF were worth $496,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the company. Glenview Trust Co boosted its position in iShares Floating Rate Bond ETF by 3.4% in the third quarter. Glenview Trust Co now owns 3,253,697 shares of the company’s stock worth $166,101,000 after purchasing an additional 107,720 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 12.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock valued at $103,401,000 after purchasing an additional 230,814 shares during the period. Assetmark Inc. increased its position in shares of iShares Floating Rate Bond ETF by 2.4% during the 1st quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after purchasing an additional 46,823 shares during the last quarter. Kensington Asset Management LLC increased its position in shares of iShares Floating Rate Bond ETF by 39.9% during the 1st quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after purchasing an additional 434,772 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iShares Floating Rate Bond ETF by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after purchasing an additional 13,784 shares during the last quarter.
iShares Floating Rate Bond ETF Stock Performance
Shares of BATS:FLOT opened at $50.84 on Wednesday. The firm’s 50 day moving average price is $50.96 and its 200-day moving average price is $50.95. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08.
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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