Principal Financial Group Inc. Has $1.04 Million Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Principal Financial Group Inc. cut its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 51.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,300 shares of the company’s stock after selling 21,775 shares during the period. Principal Financial Group Inc.’s holdings in iShares Floating Rate Bond ETF were worth $1,036,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FLOT. Private Advisor Group LLC increased its holdings in iShares Floating Rate Bond ETF by 7.1% in the 2nd quarter. Private Advisor Group LLC now owns 124,734 shares of the company’s stock worth $6,373,000 after purchasing an additional 8,312 shares in the last quarter. Greystone Financial Group LLC raised its holdings in iShares Floating Rate Bond ETF by 2,294.3% in the 2nd quarter. Greystone Financial Group LLC now owns 136,023 shares of the company’s stock valued at $6,949,000 after buying an additional 130,342 shares during the last quarter. Loudon Investment Management LLC boosted its position in iShares Floating Rate Bond ETF by 9.6% during the 2nd quarter. Loudon Investment Management LLC now owns 13,132 shares of the company’s stock worth $671,000 after buying an additional 1,145 shares during the period. Weitzel Financial Services Inc. grew its holdings in iShares Floating Rate Bond ETF by 2.2% during the 2nd quarter. Weitzel Financial Services Inc. now owns 83,017 shares of the company’s stock worth $4,222,000 after acquiring an additional 1,768 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in iShares Floating Rate Bond ETF by 139.0% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 19,474 shares of the company’s stock valued at $995,000 after acquiring an additional 11,327 shares during the period.

iShares Floating Rate Bond ETF Stock Up 0.0 %

FLOT stock opened at $50.91 on Friday. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10. The company has a fifty day moving average price of $50.94 and a 200-day moving average price of $50.94.

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.