Spartan Planning & Wealth Management Acquires Shares of 15,406 iShares Floating Rate Bond ETF (BATS:FLOT)

Spartan Planning & Wealth Management bought a new stake in iShares Floating Rate Bond ETF (BATS:FLOT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 15,406 shares of the company’s stock, valued at approximately $784,000.

Several other hedge funds and other institutional investors also recently modified their holdings of FLOT. Continental Investors Services Inc. boosted its position in iShares Floating Rate Bond ETF by 2.6% in the third quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after buying an additional 202 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in shares of iShares Floating Rate Bond ETF by 1.5% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after acquiring an additional 214 shares in the last quarter. Western Financial Corp CA grew its position in iShares Floating Rate Bond ETF by 1.9% during the 3rd quarter. Western Financial Corp CA now owns 13,592 shares of the company’s stock worth $694,000 after acquiring an additional 256 shares during the last quarter. Coldstream Capital Management Inc. grew its position in iShares Floating Rate Bond ETF by 2.0% during the 2nd quarter. Coldstream Capital Management Inc. now owns 15,071 shares of the company’s stock worth $770,000 after acquiring an additional 301 shares during the last quarter. Finally, Flagstar Advisors Inc. increased its holdings in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock worth $1,139,000 after purchasing an additional 315 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT stock remained flat at $50.91 during mid-day trading on Tuesday. The stock had a trading volume of 1,323,370 shares. The business has a fifty day moving average price of $50.93 and a two-hundred day moving average price of $50.94. iShares Floating Rate Bond ETF has a 12-month low of $50.76 and a 12-month high of $51.10.

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.