iShares Floating Rate Bond ETF $FLOT Shares Bought by Glenview Trust Co

Glenview Trust Co grew its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,253,697 shares of the company’s stock after acquiring an additional 107,720 shares during the quarter. iShares Floating Rate Bond ETF comprises about 2.2% of Glenview Trust Co’s portfolio, making the stock its 9th largest position. Glenview Trust Co owned 1.86% of iShares Floating Rate Bond ETF worth $166,101,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FLOT. PNC Financial Services Group Inc. boosted 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 worth $103,401,000 after purchasing an additional 230,814 shares during the period. Assetmark Inc. grew its holdings in 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 grew its holdings in 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. Cetera Investment Advisers raised its position in iShares Floating Rate Bond ETF by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock worth $55,346,000 after purchasing an additional 13,784 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in iShares Floating Rate Bond ETF in the 1st quarter worth about $47,775,000.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $51.01 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.08. The firm has a 50-day simple moving average of $50.97 and a two-hundred day simple moving average of $50.95.

iShares Floating Rate Bond ETF Company 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.