23,655 Shares of iShares Floating Rate Bond ETF $FLOT Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, HoldingsChannel reports. The firm bought 23,655 shares of the company’s stock, valued at approximately $1,208,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. New York Life Investment Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the third quarter valued at approximately $181,982,000. The Manufacturers Life Insurance Company acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at $47,775,000. Commonwealth Equity Services LLC bought a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at about $33,326,000. RMG Wealth Management LLC acquired a new position in iShares Floating Rate Bond ETF during the first quarter valued at approximately $30,601,000. Finally, Alpine Bank Wealth Management grew its stake in shares of iShares Floating Rate Bond ETF by 631.2% in the third quarter. Alpine Bank Wealth Management now owns 684,450 shares of the company’s stock valued at $34,941,000 after buying an additional 590,842 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS FLOT opened at $50.91 on Friday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.08. The business’s 50 day moving average price is $50.95 and its two-hundred day moving average price is $50.95.

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.