PNC Financial Services Group Inc. Has $101.34 Million Stock Holdings in iShares Floating Rate Bond ETF $FLOT

PNC Financial Services Group Inc. raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,983,792 shares of the company’s stock after purchasing an additional 90,983 shares during the quarter. PNC Financial Services Group Inc. owned 1.13% of iShares Floating Rate Bond ETF worth $101,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Bogart Wealth LLC boosted its stake in iShares Floating Rate Bond ETF by 68.5% in the 3rd quarter. Bogart Wealth LLC now owns 482 shares of the company’s stock valued at $25,000 after buying an additional 196 shares in the last quarter. Westfuller Advisors LLC bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at $28,000. Lowe Brockenbrough & Co. Inc. bought a new position in shares of iShares Floating Rate Bond ETF during the third quarter valued at $30,000. SYM FINANCIAL Corp acquired a new stake in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at $37,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000.

iShares Floating Rate Bond ETF Trading Up 0.0%

Shares of iShares Floating Rate Bond ETF stock opened at $50.95 on Monday. The company has a 50-day simple moving average of $50.92 and a 200 day simple moving average of $50.95. iShares Floating Rate Bond ETF has a 12-month low of $49.75 and a 12-month high of $51.34.

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.