Crews Bank & Trust Grows Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Crews Bank & Trust boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 132.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 80,422 shares of the company’s stock after acquiring an additional 45,795 shares during the period. Crews Bank & Trust’s holdings in iShares Floating Rate Bond ETF were worth $4,090,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in iShares Floating Rate Bond ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after buying an additional 49,559 shares during the last quarter. Northern Trust Corp boosted its stake in iShares Floating Rate Bond ETF by 8.9% in the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after buying an additional 408,643 shares during the last quarter. New York Life Investment Management LLC boosted its stake in 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 worth $157,227,000 after buying an additional 607,046 shares during the last quarter. Glenview Trust Co boosted its stake in iShares Floating Rate Bond ETF by 3.9% in the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock worth $140,863,000 after buying an additional 102,353 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Floating Rate Bond ETF by 5.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after buying an additional 130,241 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $50.79 on Tuesday. The stock’s 50-day moving average price is $50.91 and its two-hundred day moving average price is $50.93. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month 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.