Trustmark Bank Trust Department lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 153.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 668,097 shares of the company’s stock after buying an additional 404,368 shares during the period. iShares Floating Rate Bond ETF makes up 2.4% of Trustmark Bank Trust Department’s investment portfolio, making the stock its 9th biggest position. Trustmark Bank Trust Department’s holdings in iShares Floating Rate Bond ETF were worth $34,086,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Tompkins Financial Corp acquired a new position in iShares Floating Rate Bond ETF in the second quarter valued at about $25,000. NorthRock Partners LLC increased its holdings in iShares Floating Rate Bond ETF by 269.5% in the 1st quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after buying an additional 380 shares during the period. SYM FINANCIAL Corp acquired a new position in shares of iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $37,000. TFC Financial Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF during the 2nd quarter worth approximately $40,000. Finally, SVB Wealth LLC acquired a new stake in shares of iShares Floating Rate Bond ETF during the 1st quarter worth approximately $43,000.
iShares Floating Rate Bond ETF Price Performance
Shares of BATS:FLOT opened at $51.07 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $49.75 and a 1 year high of $51.34. The company’s 50 day simple moving average is $50.97 and its 200 day simple moving average is $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.
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Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Floating Rate Bond ETF (BATS:FLOT – Free Report).
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