Principal Financial Group Inc. Acquires 78,250 Shares of iShares Floating Rate Bond ETF $FLOT

Principal Financial Group Inc. raised its holdings in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 212.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 115,046 shares of the company’s stock after purchasing an additional 78,250 shares during the period. Principal Financial Group Inc. owned 0.07% of iShares Floating Rate Bond ETF worth $5,862,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Crews Bank & Trust boosted its position in iShares Floating Rate Bond ETF by 132.3% during the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock valued at $4,090,000 after acquiring an additional 45,795 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 6.4% in the 4th quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock valued at $9,790,000 after acquiring an additional 11,514 shares during the period. International Assets Investment Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 68.3% in the 4th quarter. International Assets Investment Management LLC now owns 36,337 shares of the company’s stock worth $1,848,000 after acquiring an additional 14,752 shares in the last quarter. Sowell Financial Services LLC raised its position in shares of iShares Floating Rate Bond ETF by 76.0% in the 4th quarter. Sowell Financial Services LLC now owns 65,183 shares of the company’s stock worth $3,315,000 after acquiring an additional 28,156 shares in the last quarter. Finally, LaFleur & Godfrey LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 5.0% during the 4th quarter. LaFleur & Godfrey LLC now owns 405,647 shares of the company’s stock worth $20,631,000 after purchasing an additional 19,468 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of BATS FLOT opened at $51.06 on Tuesday. iShares Floating Rate Bond ETF has a 1-year low of $50.67 and a 1-year high of $51.09. The business has a fifty day moving average price of $50.99 and a 200 day moving average price of $50.94.

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.