Moulton Wealth Management Inc. Has $10.91 Million Stock Position in iShares Floating Rate Bond ETF (BATS:FLOT)

Moulton Wealth Management Inc. raised its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 54.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 213,726 shares of the company’s stock after purchasing an additional 75,075 shares during the quarter. iShares Floating Rate Bond ETF makes up approximately 8.3% of Moulton Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Moulton Wealth Management Inc.’s holdings in iShares Floating Rate Bond ETF were worth $10,911,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. LaFleur & Godfrey LLC increased its position in shares of iShares Floating Rate Bond ETF by 199.2% during the 4th quarter. LaFleur & Godfrey LLC now owns 196,895 shares of the company’s stock valued at $10,018,000 after purchasing an additional 131,093 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in iShares Floating Rate Bond ETF by 826.0% during the fourth quarter. Apollon Wealth Management LLC now owns 177,171 shares of the company’s stock valued at $9,014,000 after buying an additional 158,038 shares during the last quarter. Kingsview Wealth Management LLC raised its position in iShares Floating Rate Bond ETF by 55.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 47,146 shares of the company’s stock worth $2,399,000 after acquiring an additional 16,856 shares during the period. AlphaStar Capital Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 27.7% during the 4th quarter. AlphaStar Capital Management LLC now owns 47,218 shares of the company’s stock worth $2,402,000 after acquiring an additional 10,229 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 8.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 54,636 shares of the company’s stock worth $2,780,000 after acquiring an additional 4,480 shares during the last quarter.

iShares Floating Rate Bond ETF Stock Performance

BATS:FLOT opened at $50.84 on Friday. iShares Floating Rate Bond ETF has a one year low of $49.75 and a one year high of $51.34. The business has a fifty day moving average price of $50.75 and a 200-day moving average price of $50.89.

iShares Floating Rate Bond ETF Company 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.