Truist Financial Corp Sells 16,799 Shares of iShares Floating Rate Bond ETF $FLOT

Truist Financial Corp trimmed its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,015,112 shares of the company’s stock after selling 16,799 shares during the period. Truist Financial Corp owned 0.58% of iShares Floating Rate Bond ETF worth $51,629,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FLOT. Farmers & Merchants Trust Co of Chambersburg PA raised its position in shares of iShares Floating Rate Bond ETF by 19.6% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 64,123 shares of the company’s stock valued at $3,261,000 after buying an additional 10,523 shares in the last quarter. CENTRAL TRUST Co raised its position in shares of iShares Floating Rate Bond ETF by 45.9% during the 4th quarter. CENTRAL TRUST Co now owns 20,461 shares of the company’s stock valued at $1,041,000 after buying an additional 6,433 shares in the last quarter. AlphaStar Capital Management LLC raised its position in shares of iShares Floating Rate Bond ETF by 193.4% during the 4th quarter. AlphaStar Capital Management LLC now owns 72,610 shares of the company’s stock valued at $3,693,000 after buying an additional 47,866 shares in the last quarter. Addison Capital Co raised its position in shares of iShares Floating Rate Bond ETF by 230.4% during the 4th quarter. Addison Capital Co now owns 16,880 shares of the company’s stock valued at $859,000 after buying an additional 11,771 shares in the last quarter. Finally, Horizon Investments LLC raised its position in shares of iShares Floating Rate Bond ETF by 45.1% during the 4th quarter. Horizon Investments LLC now owns 5,335 shares of the company’s stock valued at $271,000 after buying an additional 1,657 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

iShares Floating Rate Bond ETF stock opened at $50.87 on Wednesday. The firm’s fifty day moving average price is $50.89 and its 200-day moving average price is $50.92. iShares Floating Rate Bond ETF has a fifty-two week low of $50.67 and a fifty-two week high of $51.09.

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.