Moulton Wealth Management Inc. Takes Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Moulton Wealth Management Inc. acquired a new position in iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 138,651 shares of the company’s stock, valued at approximately $7,055,000. iShares Floating Rate Bond ETF makes up about 5.4% of Moulton Wealth Management Inc.’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors also recently bought and sold shares of FLOT. Blair William & Co. IL grew its stake in iShares Floating Rate Bond ETF by 9.7% in the second quarter. Blair William & Co. IL now owns 31,247 shares of the company’s stock valued at $1,596,000 after purchasing an additional 2,765 shares during the last quarter. AE Wealth Management LLC grew its position in shares of iShares Floating Rate Bond ETF by 175.9% in the 2nd quarter. AE Wealth Management LLC now owns 25,567 shares of the company’s stock worth $1,306,000 after buying an additional 16,299 shares during the last quarter. 1832 Asset Management L.P. grew its position in shares of iShares Floating Rate Bond ETF by 1.8% in the 2nd quarter. 1832 Asset Management L.P. now owns 766,924 shares of the company’s stock worth $39,182,000 after buying an additional 13,421 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of iShares Floating Rate Bond ETF by 5.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 70,867 shares of the company’s stock worth $3,622,000 after acquiring an additional 3,696 shares in the last quarter. Finally, Certified Advisory Corp lifted its position in iShares Floating Rate Bond ETF by 16.5% during the second quarter. Certified Advisory Corp now owns 10,575 shares of the company’s stock valued at $540,000 after acquiring an additional 1,496 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

Shares of FLOT opened at $51.02 on Monday. The company has a 50 day moving average of $50.94 and a two-hundred day moving average of $50.94. iShares Floating Rate Bond ETF has a twelve month low of $50.76 and a twelve 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.