LaFleur & Godfrey LLC Purchases 489,894 Shares of iShares Floating Rate Bond ETF $FLOT

LaFleur & Godfrey LLC purchased a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 489,894 shares of the company’s stock, valued at approximately $25,009,000. iShares Floating Rate Bond ETF accounts for about 3.0% of LaFleur & Godfrey LLC’s investment portfolio, making the stock its 6th largest holding. LaFleur & Godfrey LLC owned approximately 0.28% of iShares Floating Rate Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FLOT. Glenview Trust Co lifted its holdings in shares of iShares Floating Rate Bond ETF by 7.4% in the 1st quarter. Glenview Trust Co now owns 3,130,128 shares of the company’s stock valued at $159,480,000 after buying an additional 216,519 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares Floating Rate Bond ETF by 12.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,029,454 shares of the company’s stock worth $103,401,000 after acquiring an additional 230,814 shares during the period. Assetmark Inc. grew its holdings in iShares Floating Rate Bond ETF by 2.4% during the first quarter. Assetmark Inc. now owns 1,965,478 shares of the company’s stock worth $100,141,000 after acquiring an additional 46,823 shares during the period. Kensington Asset Management LLC raised its position in iShares Floating Rate Bond ETF by 39.9% during the first quarter. Kensington Asset Management LLC now owns 1,524,738 shares of the company’s stock valued at $77,685,000 after acquiring an additional 434,772 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in iShares Floating Rate Bond ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 1,086,284 shares of the company’s stock valued at $55,346,000 after acquiring an additional 13,784 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of BATS:FLOT opened at $51.00 on Thursday. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.08. The business has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.95.

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.