M&T Bank Corp Reduces Stock Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

M&T Bank Corp reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 17.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,245 shares of the company’s stock after selling 1,755 shares during the quarter. M&T Bank Corp’s holdings in iShares Floating Rate Bond ETF were worth $421,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Demars Financial Group LLC raised its position in shares of iShares Floating Rate Bond ETF by 3.8% in the 1st quarter. Demars Financial Group LLC now owns 39,475,476 shares of the company’s stock valued at $2,015,223,000 after purchasing an additional 1,436,048 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Floating Rate Bond ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 7,888,150 shares of the company’s stock valued at $401,349,000 after purchasing an additional 295,184 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Floating Rate Bond ETF by 4.4% in the 4th quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock valued at $180,905,000 after purchasing an additional 149,228 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Floating Rate Bond ETF by 21.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,658,917 shares of the company’s stock valued at $135,286,000 after purchasing an additional 470,630 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Floating Rate Bond ETF by 16.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,188,432 shares of the company’s stock valued at $111,719,000 after purchasing an additional 310,472 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

Shares of FLOT opened at $50.97 on Thursday. The business’s 50 day moving average is $50.90 and its two-hundred day moving average is $50.89. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.

iShares Floating Rate Bond ETF 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.