138,651 Shares in iShares Floating Rate Bond ETF (BATS:FLOT) Acquired by Moulton Wealth Management Inc.

Moulton Wealth Management Inc. acquired a new stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 138,651 shares of the company’s stock, valued at approximately $7,055,000. iShares Floating Rate Bond ETF comprises 5.4% of Moulton Wealth Management Inc.’s holdings, making the stock its 6th biggest holding. Moulton Wealth Management Inc. owned about 0.10% of iShares Floating Rate Bond ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. raised its position in iShares Floating Rate Bond ETF by 31.0% in the 3rd quarter. Franklin Resources Inc. now owns 4,723,569 shares of the company’s stock worth $240,430,000 after buying an additional 1,118,243 shares during the last quarter. Haverford Trust Co raised its holdings in shares of iShares Floating Rate Bond ETF by 1.4% during the third quarter. Haverford Trust Co now owns 1,167,867 shares of the company’s stock valued at $59,608,000 after purchasing an additional 16,112 shares during the last quarter. Cetera Investment Advisers lifted its position in iShares Floating Rate Bond ETF by 13.8% during the second quarter. Cetera Investment Advisers now owns 975,934 shares of the company’s stock valued at $49,860,000 after purchasing an additional 118,392 shares during the period. 1832 Asset Management L.P. boosted its holdings in iShares Floating Rate Bond ETF by 1.8% in the second quarter. 1832 Asset Management L.P. now owns 766,924 shares of the company’s stock worth $39,182,000 after purchasing an additional 13,421 shares during the last quarter. Finally, Demars Financial Group LLC grew its position in iShares Floating Rate Bond ETF by 0.9% in the 3rd quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock worth $37,928,000 after purchasing an additional 6,805 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS FLOT opened at $51.02 on Monday. iShares Floating Rate Bond ETF has a 1-year low of $50.76 and a 1-year high of $51.10. The business’s fifty day moving average price is $50.94 and its 200-day moving average price is $50.94.

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.