Demars Financial Group LLC Sells 28,639 Shares of iShares Floating Rate Bond ETF $FLOT

Demars Financial Group LLC reduced its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 716,465 shares of the company’s stock after selling 28,639 shares during the quarter. iShares Floating Rate Bond ETF accounts for 12.2% of Demars Financial Group LLC’s holdings, making the stock its 3rd biggest holding. Demars Financial Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $36,439,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of iShares Floating Rate Bond ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after purchasing an additional 49,559 shares in the last quarter. Northern Trust Corp grew its holdings in shares of iShares Floating Rate Bond ETF by 8.9% during the 3rd quarter. Northern Trust Corp now owns 5,021,597 shares of the company’s stock worth $256,528,000 after purchasing an additional 408,643 shares in the last quarter. New York Life Investment Management LLC grew its holdings in shares of iShares Floating Rate Bond ETF by 24.6% during the 3rd quarter. New York Life Investment Management LLC now owns 3,077,751 shares of the company’s stock worth $157,227,000 after purchasing an additional 607,046 shares in the last quarter. Glenview Trust Co boosted its stake in iShares Floating Rate Bond ETF by 3.9% in the third quarter. Glenview Trust Co now owns 2,757,420 shares of the company’s stock valued at $140,863,000 after buying an additional 102,353 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Floating Rate Bond ETF by 5.0% in the second quarter. Ameriprise Financial Inc. now owns 2,742,216 shares of the company’s stock valued at $139,257,000 after buying an additional 130,241 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Up 0.0%

BATS:FLOT opened at $50.85 on Thursday. The stock’s 50-day simple moving average is $50.90 and its 200 day simple moving average is $50.93. iShares Floating Rate Bond ETF has a twelve month low of $50.06 and a twelve month high of $51.09.

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.