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

US Bancorp DE lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 34.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 458,988 shares of the company’s stock after purchasing an additional 117,576 shares during the period. US Bancorp DE’s holdings in iShares Floating Rate Bond ETF were worth $23,447,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FLOT. Quadrature Capital Ltd increased its holdings in iShares Floating Rate Bond ETF by 15,997.2% during the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after buying an additional 650,127 shares during the last quarter. New York Life Investment Management LLC grew its position in shares of iShares Floating Rate Bond ETF by 24.6% in the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock valued at $157,227,000 after acquiring an additional 607,046 shares during the period. Walker Financial Services Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $22,448,000. Trustmark Bank Trust Department raised its holdings in shares of iShares Floating Rate Bond ETF by 153.3% in the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock valued at $34,086,000 after purchasing an additional 404,368 shares during the period. Finally, Flputnam Investment Management Co. raised its holdings in shares of iShares Floating Rate Bond ETF by 32.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after purchasing an additional 399,436 shares during the period.

iShares Floating Rate Bond ETF Trading Down 0.1%

Shares of BATS:FLOT opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34. The company has a 50-day simple moving average of $50.93 and a 200 day simple moving average of $50.95.

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.