Spinnaker Investment Group LLC Acquires New Holdings in iShares Floating Rate Bond ETF (BATS:FLOT)

Spinnaker Investment Group LLC bought a new position in iShares Floating Rate Bond ETF (BATS:FLOT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,100 shares of the company’s stock, valued at approximately $259,000.

Several other large investors also recently made changes to their positions in FLOT. Toronto Dominion Bank acquired a new stake in iShares Floating Rate Bond ETF in the 2nd quarter valued at approximately $12,772,000. Mcmorgan & Co. LLC increased its holdings in shares of iShares Floating Rate Bond ETF by 32.6% during the second quarter. Mcmorgan & Co. LLC now owns 230,700 shares of the company’s stock valued at $11,786,000 after purchasing an additional 56,657 shares during the period. Smith Thornton Advisors LLC bought a new stake in shares of iShares Floating Rate Bond ETF during the second quarter valued at about $460,000. Forefront Analytics LLC lifted its holdings in iShares Floating Rate Bond ETF by 1.5% in the second quarter. Forefront Analytics LLC now owns 21,697 shares of the company’s stock worth $1,108,000 after purchasing an additional 323 shares during the period. Finally, NewEdge Advisors LLC grew its position in iShares Floating Rate Bond ETF by 22.7% in the 2nd quarter. NewEdge Advisors LLC now owns 683,157 shares of the company’s stock valued at $34,902,000 after buying an additional 126,200 shares in the last quarter.

iShares Floating Rate Bond ETF Price Performance

iShares Floating Rate Bond ETF stock opened at $51.03 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’s 50-day moving average price is $50.94 and its two-hundred day moving average price is $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.