157,134 Shares in iShares Floating Rate Bond ETF $FLOT Bought by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 157,134 shares of the company’s stock, valued at approximately $8,022,000. Penobscot Investment Management Company Inc. owned about 0.09% of iShares Floating Rate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the business. Evolution Wealth Management Inc. purchased a new position in iShares Floating Rate Bond ETF in the 1st quarter worth $25,000. Tompkins Financial Corp bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth $25,000. NFSG Corp bought a new stake in iShares Floating Rate Bond ETF in the third quarter worth $50,000. Global Assets Advisory LLC purchased a new stake in iShares Floating Rate Bond ETF during the first quarter valued at about $75,000. Finally, Wellington Grp LLC purchased a new stake in iShares Floating Rate Bond ETF during the first quarter valued at about $75,000.

iShares Floating Rate Bond ETF Stock Up 0.0%

Shares of BATS:FLOT opened at $51.01 on Wednesday. The stock’s 50-day moving average price is $50.97 and its 200-day moving average price is $50.95. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.08.

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.