Glenview Trust co Has $123.72 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Glenview Trust co lifted its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 5.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,431,678 shares of the company’s stock after acquiring an additional 123,112 shares during the quarter. iShares Floating Rate Bond ETF makes up about 2.3% of Glenview Trust co’s holdings, making the stock its 8th largest holding. Glenview Trust co’s holdings in iShares Floating Rate Bond ETF were worth $123,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Principal Financial Group Inc. lifted its holdings in iShares Floating Rate Bond ETF by 61.8% during the fourth quarter. Principal Financial Group Inc. now owns 32,850 shares of the company’s stock worth $1,671,000 after buying an additional 12,550 shares during the period. Jones Financial Companies Lllp raised its position in shares of iShares Floating Rate Bond ETF by 93.4% in the 4th quarter. Jones Financial Companies Lllp now owns 19,228 shares of the company’s stock worth $978,000 after acquiring an additional 9,287 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Floating Rate Bond ETF by 15.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 695,321 shares of the company’s stock worth $35,489,000 after purchasing an additional 91,686 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Floating Rate Bond ETF by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,002 shares of the company’s stock valued at $1,276,000 after purchasing an additional 502 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in iShares Floating Rate Bond ETF by 55.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock valued at $2,399,000 after purchasing an additional 16,856 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Down 0.0 %

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. The company has a 50-day simple moving average of $50.99 and a two-hundred day simple moving average of $50.96. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date was Monday, March 3rd.

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.