Spinnaker Investment Group LLC lessened its holdings in iShares Floating Rate Bond ETF (BATS:FLOT – Free Report) by 15.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,307 shares of the company’s stock after selling 793 shares during the period. Spinnaker Investment Group LLC’s holdings in iShares Floating Rate Bond ETF were worth $220,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of FLOT. Tompkins Financial Corp acquired a new stake in iShares Floating Rate Bond ETF in the second quarter valued at approximately $25,000. NorthRock Partners LLC lifted its position in shares of iShares Floating Rate Bond ETF by 269.5% during 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 in the last quarter. Asset Dedication LLC acquired a new stake in iShares Floating Rate Bond ETF in the 1st quarter valued at $29,000. Ameriflex Group Inc. purchased a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth $33,000. Finally, WASHINGTON TRUST Co raised its position in iShares Floating Rate Bond ETF by 242.6% during the first quarter. WASHINGTON TRUST Co now owns 692 shares of the company’s stock worth $35,000 after acquiring an additional 490 shares during the period.
iShares Floating Rate Bond ETF Stock Up 0.1%
FLOT opened at $51.02 on Friday. The firm’s fifty day simple moving average is $50.98 and its two-hundred day simple moving average is $50.89. iShares Floating Rate Bond ETF has a 52-week low of $49.75 and a 52-week high of $51.34.
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.
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