iShares Floating Rate Bond ETF $FLOT Shares Purchased by Glenview Trust Co

Glenview Trust Co grew its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 7.4% in the first quarter, HoldingsChannel reports. The fund owned 3,130,128 shares of the company’s stock after acquiring 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 largest position. Glenview Trust Co’s holdings in iShares Floating Rate Bond ETF were worth $159,480,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FLOT. Alpha Zero LLC raised its holdings in shares of 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 purchasing an additional 40,570 shares during the last quarter. Beta Wealth Group Inc. acquired a new position in iShares Floating Rate Bond ETF during the first quarter worth $405,000. Balefire LLC boosted its holdings in 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 purchasing an additional 1,908 shares during the last quarter. Paces Ferry Wealth Advisors LLC grew its position in iShares Floating Rate Bond ETF by 6.9% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 162,791 shares of the company’s stock valued at $8,294,000 after purchasing an additional 10,457 shares in the last quarter. Finally, Kesler Norman & Wride LLC increased its stake in iShares Floating Rate Bond ETF by 1.3% in the 1st quarter. Kesler Norman & Wride LLC now owns 125,853 shares of the company’s stock valued at $6,412,000 after buying an additional 1,573 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.99 on Tuesday. The company’s 50-day moving average price is $50.98 and its two-hundred day moving average price is $50.94. iShares Floating Rate Bond ETF has a one year low of $50.67 and a one year 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.