CENTRAL TRUST Co Buys 23,655 Shares of iShares Floating Rate Bond ETF $FLOT

CENTRAL TRUST Co bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 23,655 shares of the company’s stock, valued at approximately $1,208,000.

A number of other institutional investors also recently modified their holdings of FLOT. New York Life Investment Management LLC bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth $181,982,000. Glenview Trust Co lifted its position in shares of iShares Floating Rate Bond ETF by 3.4% during the 3rd 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. boosted its stake in 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. boosted its position in shares of iShares Floating Rate Bond ETF by 2.4% in the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock valued at $100,141,000 after acquiring an additional 46,823 shares during the period. Finally, Kensington Asset Management LLC raised its stake 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.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $50.91 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08. The business’s 50-day simple moving average is $50.95 and its 200 day simple moving average is $50.95.

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.