iShares Floating Rate Bond ETF $FLOT Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 58.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,247 shares of the company’s stock after purchasing an additional 39,874 shares during the period. Thrivent Financial for Lutherans owned 0.06% of iShares Floating Rate Bond ETF worth $5,529,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FLOT. Franklin Resources Inc. grew its holdings in iShares Floating Rate Bond ETF by 10.8% during the 2nd quarter. Franklin Resources Inc. now owns 3,209,096 shares of the company’s stock valued at $163,728,000 after buying an additional 313,769 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Floating Rate Bond ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after acquiring an additional 130,241 shares during the last quarter. Glenview Trust co lifted its position in shares of iShares Floating Rate Bond ETF by 5.0% in the second quarter. Glenview Trust co now owns 2,655,067 shares of the company’s stock valued at $135,462,000 after acquiring an additional 125,640 shares in the last quarter. Flputnam Investment Management Co. boosted its stake in shares of iShares Floating Rate Bond ETF by 32.9% during the third quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after acquiring an additional 399,436 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares Floating Rate Bond ETF by 7.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,474,559 shares of the company’s stock worth $75,232,000 after purchasing an additional 108,053 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of FLOT stock opened at $50.94 on Friday. The firm has a 50-day moving average price of $50.91 and a 200 day moving average price of $50.95. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

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.