iShares Floating Rate Bond ETF $FLOT Stock Position Increased by Glenview Trust Co

Glenview Trust Co lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,913,609 shares of the company’s stock after buying an additional 156,189 shares during the period. iShares Floating Rate Bond ETF makes up about 2.3% of Glenview Trust Co’s investment portfolio, making the stock its 9th largest position. Glenview Trust Co’s holdings in iShares Floating Rate Bond ETF were worth $148,186,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FLOT. Focus Partners Wealth lifted its stake in shares of iShares Floating Rate Bond ETF by 8.9% in the 1st quarter. Focus Partners Wealth now owns 13,287 shares of the company’s stock worth $678,000 after purchasing an additional 1,088 shares during the period. Diversify Wealth Management LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 70.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 11,891 shares of the company’s stock worth $606,000 after purchasing an additional 4,907 shares during the period. Transamerica Financial Advisors LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 5.8% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 53,539 shares of the company’s stock worth $2,732,000 after purchasing an additional 2,934 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 13.7% in the 2nd quarter. Raymond James Financial Inc. now owns 1,124,339 shares of the company’s stock worth $57,364,000 after purchasing an additional 135,488 shares during the period. Finally, Ausdal Financial Partners Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 30.6% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,304 shares of the company’s stock worth $1,138,000 after purchasing an additional 5,231 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS:FLOT opened at $51.02 on Monday. The firm’s 50 day moving average price is $50.90 and its 200-day moving average price is $50.92. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09.

About iShares Floating Rate Bond ETF

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.