US Bancorp DE Purchases 117,576 Shares of iShares Floating Rate Bond ETF $FLOT

US Bancorp DE increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 34.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 458,988 shares of the company’s stock after buying an additional 117,576 shares during the quarter. US Bancorp DE owned 0.26% of iShares Floating Rate Bond ETF worth $23,447,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FLOT. Focus Partners Wealth lifted its stake in 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 valued at $678,000 after acquiring an additional 1,088 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of iShares Floating Rate Bond ETF by 1.6% in the second quarter. Arkadios Wealth Advisors now owns 47,023 shares of the company’s stock valued at $2,399,000 after purchasing an additional 746 shares during the last quarter. Atria Investments Inc lifted its position in shares of iShares Floating Rate Bond ETF by 17.4% in the second quarter. Atria Investments Inc now owns 34,595 shares of the company’s stock worth $1,765,000 after purchasing an additional 5,139 shares in the last quarter. Kovack Advisors Inc. acquired a new position in iShares Floating Rate Bond ETF during the second quarter worth $201,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in iShares Floating Rate Bond ETF by 16.7% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,704 shares of the company’s stock worth $1,209,000 after purchasing an additional 3,391 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of FLOT stock opened at $51.00 on Friday. The firm’s fifty day moving average price is $50.93 and its two-hundred day moving average price is $50.95. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34.

iShares Floating Rate Bond ETF Company 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.