Glenview Trust Co Acquires 216,519 Shares of iShares Floating Rate Bond ETF $FLOT

Glenview Trust Co increased its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,130,128 shares of the company’s stock after purchasing an additional 216,519 shares during the period. iShares Floating Rate Bond ETF makes up 2.5% of Glenview Trust Co’s portfolio, making the stock its 7th biggest position. Glenview Trust Co owned approximately 1.79% of iShares Floating Rate Bond ETF worth $159,480,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FLOT. Alpha Zero LLC lifted its stake in iShares Floating Rate Bond ETF by 21.9% in the first quarter. Alpha Zero LLC now owns 226,132 shares of the company’s stock valued at $11,521,000 after buying an additional 40,570 shares in the last quarter. Beta Wealth Group Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the first quarter worth $405,000. Balefire LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 18.6% during the first quarter. Balefire LLC now owns 12,177 shares of the company’s stock worth $620,000 after acquiring an additional 1,908 shares during the period. Paces Ferry Wealth Advisors LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 6.9% during the first quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock worth $8,294,000 after acquiring an additional 10,457 shares during the period. Finally, Kesler Norman & Wride LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 1.3% during the first quarter. Kesler Norman & Wride LLC now owns 125,853 shares of the company’s stock worth $6,412,000 after acquiring an additional 1,573 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT opened at $50.99 on Tuesday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The firm’s fifty day simple moving average is $50.98 and its 200 day simple moving average is $50.94.

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.