Principal Financial Group Inc. Has $2.07 Million Holdings in iShares Floating Rate Bond ETF $FLOT

Principal Financial Group Inc. grew its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 80.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,433 shares of the company’s stock after buying an additional 18,050 shares during the period. Principal Financial Group Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,066,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Quadrature Capital Ltd grew its holdings in iShares Floating Rate Bond ETF by 15,997.2% in the second quarter. Quadrature Capital Ltd now owns 654,191 shares of the company’s stock worth $33,374,000 after purchasing an additional 650,127 shares during the period. Walker Financial Services Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth about $22,448,000. WNY Asset Management LLC boosted its position in shares of iShares Floating Rate Bond ETF by 435.2% during the 2nd quarter. WNY Asset Management LLC now owns 504,956 shares of the company’s stock worth $25,763,000 after purchasing an additional 410,612 shares in the last quarter. Trustmark Bank Trust Department grew its stake in shares of iShares Floating Rate Bond ETF by 153.3% in the 2nd quarter. Trustmark Bank Trust Department now owns 668,097 shares of the company’s stock valued at $34,086,000 after buying an additional 404,368 shares during the period. Finally, Flputnam Investment Management Co. increased its position in iShares Floating Rate Bond ETF by 32.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 1,614,802 shares of the company’s stock valued at $82,492,000 after buying an additional 399,436 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

FLOT stock opened at $50.97 on Wednesday. The stock’s 50 day simple moving average is $50.92 and its 200 day simple moving average is $50.95. iShares Floating Rate Bond ETF has a fifty-two week low of $49.75 and a fifty-two 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.