Central Pacific Bank Trust Division Reduces Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Central Pacific Bank Trust Division lowered its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,870 shares of the company’s stock after selling 27,402 shares during the quarter. Central Pacific Bank Trust Division’s holdings in iShares Floating Rate Bond ETF were worth $2,079,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. lifted its holdings in shares of iShares Floating Rate Bond ETF by 31.0% during the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after acquiring an additional 1,118,243 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 9.3% in the 2nd quarter. LPL Financial LLC now owns 3,496,186 shares of the company’s stock worth $178,620,000 after purchasing an additional 298,003 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Floating Rate Bond ETF by 12.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,968,004 shares of the company’s stock worth $100,545,000 after purchasing an additional 215,886 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares Floating Rate Bond ETF by 18.3% during the 2nd quarter. Hsbc Holdings PLC now owns 1,259,703 shares of the company’s stock valued at $64,358,000 after purchasing an additional 194,624 shares during the last quarter. Finally, Haverford Trust Co raised its holdings in shares of iShares Floating Rate Bond ETF by 1.4% during the 3rd quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after buying an additional 16,112 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT traded up $0.02 during midday trading on Friday, hitting $50.90. The stock had a trading volume of 2,840,275 shares. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The business has a fifty day moving average of $50.94 and a 200 day moving average of $50.95.

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.