Monetary Solutions Ltd Acquires Shares of 141,971 iShares Floating Rate Bond ETF $FLOT

Monetary Solutions Ltd bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 141,971 shares of the company’s stock, valued at approximately $7,221,000. iShares Floating Rate Bond ETF comprises approximately 7.1% of Monetary Solutions Ltd’s investment portfolio, making the stock its 4th biggest position. Monetary Solutions Ltd owned approximately 0.08% of iShares Floating Rate Bond ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FLOT. Cascade Wealth Advisors Inc raised its holdings in iShares Floating Rate Bond ETF by 26.3% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 246,710 shares of the company’s stock valued at $12,561,000 after acquiring an additional 51,392 shares during the last quarter. Crews Bank & Trust lifted its stake in iShares Floating Rate Bond ETF by 132.3% in the 4th quarter. Crews Bank & Trust now owns 80,422 shares of the company’s stock worth $4,090,000 after purchasing an additional 45,795 shares in the last quarter. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the 3rd quarter worth approximately $1,560,000. Apollon Wealth Management LLC boosted its holdings in shares of iShares Floating Rate Bond ETF by 6.4% during the 4th quarter. Apollon Wealth Management LLC now owns 192,495 shares of the company’s stock worth $9,790,000 after purchasing an additional 11,514 shares during the last quarter. Finally, Shira Ridge Wealth Management grew its position in shares of iShares Floating Rate Bond ETF by 73.6% in the fourth quarter. Shira Ridge Wealth Management now owns 138,733 shares of the company’s stock valued at $7,056,000 after purchasing an additional 58,813 shares in the last quarter.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $51.00 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.67 and a 1 year high of $51.09. The business has a 50 day simple moving average of $50.95 and a 200-day simple moving average of $50.92.

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.