iShares Floating Rate Bond ETF $FLOT Shares Purchased by New York Life Investment Management LLC

New York Life Investment Management LLC increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,133,476 shares of the company’s stock after acquiring an additional 55,725 shares during the period. iShares Floating Rate Bond ETF comprises 1.4% of New York Life Investment Management LLC’s investment portfolio, making the stock its 16th biggest position. New York Life Investment Management LLC owned approximately 1.79% of iShares Floating Rate Bond ETF worth $159,369,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in iShares Floating Rate Bond ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after acquiring an additional 49,559 shares in the last quarter. Northern Trust Corp lifted its stake in iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after acquiring an additional 408,643 shares in the last quarter. Glenview Trust Co lifted its stake in iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock worth $140,863,000 after acquiring an additional 102,353 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Floating Rate Bond ETF by 5.0% during the 2nd 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 in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares Floating Rate Bond ETF by 4.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,983,792 shares of the company’s stock worth $101,342,000 after acquiring an additional 90,983 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.94 on Friday. The stock’s 50-day moving average price is $50.88 and its 200 day moving average price is $50.92. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-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.