iShares Floating Rate Bond ETF $FLOT Shares Sold by Demars Financial Group LLC

Demars Financial Group LLC cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 98.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 764,071 shares of the company’s stock after selling 38,711,405 shares during the period. iShares Floating Rate Bond ETF accounts for about 15.0% of Demars Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Demars Financial Group LLC owned 0.44% of iShares Floating Rate Bond ETF worth $38,983,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Northern Trust Corp boosted its position in iShares Floating Rate Bond ETF by 11.0% during the first quarter. Northern Trust Corp now owns 4,530,501 shares of the company’s stock valued at $231,282,000 after purchasing an additional 447,443 shares during the last quarter. LPL Financial LLC boosted its position in iShares Floating Rate Bond ETF by 20.0% during the first quarter. LPL Financial LLC now owns 4,265,149 shares of the company’s stock valued at $217,736,000 after purchasing an additional 709,617 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares Floating Rate Bond ETF by 143.4% during the first quarter. Ameriprise Financial Inc. now owns 2,611,975 shares of the company’s stock valued at $133,006,000 after purchasing an additional 1,538,926 shares during the last quarter. Glenview Trust co lifted its position in shares of iShares Floating Rate Bond ETF by 4.0% in the first quarter. Glenview Trust co now owns 2,529,427 shares of the company’s stock valued at $129,127,000 after buying an additional 97,749 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in shares of iShares Floating Rate Bond ETF by 59.0% in the first quarter. Royal Bank of Canada now owns 2,351,795 shares of the company’s stock valued at $120,058,000 after buying an additional 872,352 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Down 0.0%

FLOT opened at $50.96 on Monday. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34. The business has a 50 day moving average of $50.97 and a 200-day moving average of $50.89.

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.