Webster Bank N. A. Sells 8,911 Shares of iShares Floating Rate Bond ETF $FLOT

Webster Bank N. A. reduced its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 20.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,096 shares of the company’s stock after selling 8,911 shares during the quarter. Webster Bank N. A.’s holdings in iShares Floating Rate Bond ETF were worth $1,740,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Demars Financial Group LLC increased its stake in iShares Floating Rate Bond ETF by 3.8% in the 1st quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock worth $2,015,223,000 after acquiring an additional 1,436,048 shares during the last quarter. Northern Trust Corp increased its stake in iShares Floating Rate Bond ETF by 11.0% in the 1st quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock worth $231,282,000 after acquiring an additional 447,443 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares Floating Rate Bond ETF by 20.0% during the 1st quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after purchasing an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares Floating Rate Bond ETF by 143.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares during the last quarter. Finally, Glenview Trust co increased its position in shares of iShares Floating Rate Bond ETF by 4.0% during the 1st quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after purchasing an additional 97,749 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Monday. The business’s 50-day moving average price is $50.97 and its 200-day moving average price is $50.89. iShares Floating Rate Bond ETF has a 12 month low of $49.75 and a 12 month 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.