Farmers & Merchants Trust Co of Chambersburg PA Has $4.19 Million Stock Position in iShares Floating Rate Bond ETF $FLOT

Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 28.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,235 shares of the company’s stock after acquiring an additional 18,112 shares during the period. iShares Floating Rate Bond ETF comprises 1.1% of Farmers & Merchants Trust Co of Chambersburg PA’s investment portfolio, making the stock its 27th biggest holding. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in iShares Floating Rate Bond ETF were worth $4,190,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. L.K. Benson & Company P.C. lifted its position in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock valued at $823,000 after acquiring an additional 204 shares in the last quarter. Donor Advised Charitable Giving Inc. increased its holdings in iShares Floating Rate Bond ETF by 1.6% during the 4th quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after purchasing an additional 226 shares in the last quarter. Glen Eagle Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 6.6% in the fourth quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after purchasing an additional 237 shares during the last quarter. North Star Investment Management Corp. raised its stake in shares of iShares Floating Rate Bond ETF by 18.6% in the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after purchasing an additional 271 shares during the last quarter. Finally, Ascent Group LLC raised its stake in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock worth $288,000 after purchasing an additional 272 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $50.95 on Thursday. iShares Floating Rate Bond ETF has a twelve month low of $50.67 and a twelve month high of $51.09. The stock’s 50 day moving average is $50.97 and its 200-day moving average is $50.93.

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.