iShares Floating Rate Bond ETF (BATS:FLOT) Shares Purchased by Vicus Capital

Vicus Capital increased its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 5.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,864 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Vicus Capital’s holdings in iShares Floating Rate Bond ETF were worth $402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of FLOT. US Financial Advisors LLC raised its holdings in iShares Floating Rate Bond ETF by 2.8% in the 4th quarter. US Financial Advisors LLC now owns 78,819 shares of the company’s stock valued at $3,990,000 after buying an additional 2,128 shares during the period. Private Wealth Partners LLC increased its stake in iShares Floating Rate Bond ETF by 15.4% during the fourth quarter. Private Wealth Partners LLC now owns 15,000 shares of the company’s stock worth $759,000 after purchasing an additional 2,000 shares during the period. Sarasin & Partners LLP purchased a new stake in iShares Floating Rate Bond ETF during the fourth quarter worth about $1,012,000. Foundations Investment Advisors LLC increased its stake in iShares Floating Rate Bond ETF by 14.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 8,451 shares of the company’s stock worth $429,000 after purchasing an additional 1,051 shares during the period. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its stake in iShares Floating Rate Bond ETF by 64.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,407 shares of the company’s stock worth $71,000 after purchasing an additional 550 shares during the period.

iShares Floating Rate Bond ETF Price Performance

BATS:FLOT remained flat at $51.09 on Friday. 1,093,812 shares of the company’s stock were exchanged. The business has a 50-day simple moving average of $51.01 and a two-hundred day simple moving average of $50.90. iShares Floating Rate Bond ETF has a one year low of $50.76 and a one year high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a $0.2494 dividend. The ex-dividend date of this dividend is Monday, July 1st.

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.