Forbes Financial Planning Inc. Raises Stake in iShares Floating Rate Bond ETF $FLOT

Forbes Financial Planning Inc. increased its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 9.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,334 shares of the company’s stock after buying an additional 12,742 shares during the period. iShares Floating Rate Bond ETF comprises 4.5% of Forbes Financial Planning Inc.’s portfolio, making the stock its 11th largest holding. Forbes Financial Planning Inc. owned approximately 0.09% of iShares Floating Rate Bond ETF worth $7,761,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FLOT. L.K. Benson & Company P.C. grew its stake in iShares Floating Rate Bond ETF by 1.3% in the 4th quarter. L.K. Benson & Company P.C. now owns 16,185 shares of the company’s stock worth $823,000 after acquiring an additional 204 shares during the period. Donor Advised Charitable Giving Inc. lifted its stake in shares of iShares Floating Rate Bond ETF by 1.6% during the 4th quarter. Donor Advised Charitable Giving Inc. now owns 14,388 shares of the company’s stock worth $732,000 after purchasing an additional 226 shares during the period. Glen Eagle Advisors LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.6% during the fourth quarter. Glen Eagle Advisors LLC now owns 3,852 shares of the company’s stock worth $196,000 after purchasing an additional 237 shares during the last quarter. North Star Investment Management Corp. boosted its holdings in shares of iShares Floating Rate Bond ETF by 18.6% during the fourth quarter. North Star Investment Management Corp. now owns 1,731 shares of the company’s stock worth $88,000 after purchasing an additional 271 shares during the last quarter. Finally, Ascent Group LLC grew its position in shares of iShares Floating Rate Bond ETF by 5.0% in the fourth quarter. Ascent Group LLC now owns 5,660 shares of the company’s stock valued at $288,000 after purchasing an additional 272 shares during the period.

iShares Floating Rate Bond ETF Trading Up 0.0%

iShares Floating Rate Bond ETF stock opened at $51.01 on Tuesday. The stock has a fifty day moving average price of $50.95 and a 200 day moving average price of $50.92. iShares Floating Rate Bond ETF has a 52 week low of $50.67 and a 52 week high of $51.09.

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.