Demars Financial Group LLC Lowers Holdings in iShares Floating Rate Bond ETF $FLOT

Demars Financial Group LLC decreased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 716,465 shares of the company’s stock after selling 28,639 shares during the period. iShares Floating Rate Bond ETF makes up 12.2% of Demars Financial Group LLC’s holdings, making the stock its 3rd biggest position. Demars Financial Group LLC owned 0.41% of iShares Floating Rate Bond ETF worth $36,439,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in iShares Floating Rate Bond ETF by 0.6% during 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 period. Northern Trust Corp increased its position in iShares Floating Rate Bond ETF by 8.9% during 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 period. New York Life Investment Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 24.6% during 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 purchasing an additional 607,046 shares in the last quarter. Glenview Trust Co grew its holdings in shares of iShares Floating Rate Bond ETF by 3.9% during the 3rd quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock worth $140,863,000 after purchasing an additional 102,353 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Floating Rate Bond ETF by 5.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock worth $139,257,000 after purchasing an additional 130,241 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT opened at $50.85 on Thursday. iShares Floating Rate Bond ETF has a 52-week low of $50.06 and a 52-week high of $51.09. The business’s fifty day moving average is $50.90 and its 200-day moving average is $50.93.

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.