Waller Financial Planning Group Inc. Has $2.05 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Waller Financial Planning Group Inc. trimmed its holdings in iShares Floating Rate Bond ETF (BATS:FLOT) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,308 shares of the company’s stock after selling 1,059 shares during the period. iShares Floating Rate Bond ETF comprises about 0.5% of Waller Financial Planning Group Inc.’s holdings, making the stock its 27th largest position. Waller Financial Planning Group Inc.’s holdings in iShares Floating Rate Bond ETF were worth $2,051,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in iShares Floating Rate Bond ETF during the third quarter worth $27,000. Darwin Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF in the third quarter worth $27,000. Eastern Bank bought a new position in iShares Floating Rate Bond ETF in the 3rd quarter valued at $41,000. Finally, Bull Oak Capital LLC purchased a new position in shares of iShares Floating Rate Bond ETF in the 3rd quarter worth about $115,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock traded up $0.02 during mid-day trading on Friday, hitting $50.90. The company had a trading volume of 2,840,275 shares. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10. The stock’s fifty day moving average price is $50.94 and its two-hundred day moving average price is $50.95.

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.