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

Glenview Trust Co lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 3.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,253,697 shares of the company’s stock after purchasing an additional 107,720 shares during the period. iShares Floating Rate Bond ETF comprises about 2.2% 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 $166,101,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in iShares Floating Rate Bond ETF by 12.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after buying an additional 230,814 shares during the period. Assetmark Inc. lifted 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 buying an additional 46,823 shares in the last quarter. Kensington Asset Management LLC boosted its position in iShares Floating Rate Bond ETF by 39.9% in the 1st quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after buying an additional 434,772 shares during the period. Cetera Investment Advisers boosted 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 valued at $55,346,000 after buying 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 valued at about $47,775,000.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock opened at $51.01 on Friday. The company’s 50-day simple moving average is $50.97 and its two-hundred day simple moving average is $50.95. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year high of $51.08.

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.