iShares Floating Rate Bond ETF $FLOT Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,798,640 shares of the company’s stock after selling 185,152 shares during the quarter. PNC Financial Services Group Inc. owned 1.03% of iShares Floating Rate Bond ETF worth $91,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Financial Sense Advisors Inc. grew its stake in shares of iShares Floating Rate Bond ETF by 772.5% during the third quarter. Financial Sense Advisors Inc. now owns 707,462 shares of the company’s stock worth $36,141,000 after acquiring an additional 626,378 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 purchasing an additional 607,046 shares in the last quarter. Northern Trust Corp grew 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 purchasing an additional 408,643 shares during the last quarter. Milestone Asset Management LLC increased its stake in iShares Floating Rate Bond ETF by 2,121.5% during the 4th quarter. Milestone Asset Management LLC now owns 367,231 shares of the company’s stock valued at $18,677,000 after purchasing an additional 350,700 shares in the last quarter. Finally, TriaGen Wealth Management LLC raised its holdings in shares of iShares Floating Rate Bond ETF by 136.4% in the fourth quarter. TriaGen Wealth Management LLC now owns 489,463 shares of the company’s stock worth $24,894,000 after buying an additional 282,422 shares during the last quarter.

iShares Floating Rate Bond ETF Trading Up 0.1%

BATS:FLOT opened at $51.03 on Thursday. iShares Floating Rate Bond ETF has a 12 month low of $50.67 and a 12 month high of $51.09. The firm has a fifty day simple moving average of $50.89 and a 200-day simple moving average of $50.92.

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.