Vicus Capital Has $538,000 Stake in iShares Floating Rate Bond ETF (BATS:FLOT)

Vicus Capital increased its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 4.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 10,579 shares of the company’s stock after purchasing an additional 416 shares during the quarter. Vicus Capital’s holdings in iShares Floating Rate Bond ETF were worth $538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Resources Inc. increased 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 period. DAVENPORT & Co LLC increased its position in shares of iShares Floating Rate Bond ETF by 15.6% during the fourth quarter. DAVENPORT & Co LLC now owns 1,284,553 shares of the company’s stock valued at $65,358,000 after purchasing an additional 172,943 shares during the period. Haverford Trust Co increased its position 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 period. Demars Financial Group LLC increased its position in shares of iShares Floating Rate Bond ETF by 0.9% during the third quarter. Demars Financial Group LLC now owns 743,108 shares of the company’s stock valued at $37,928,000 after purchasing an additional 6,805 shares during the period. Finally, Hartline Investment Corp increased its position in shares of iShares Floating Rate Bond ETF by 80.8% during the fourth quarter. Hartline Investment Corp now owns 721,221 shares of the company’s stock valued at $36,696,000 after purchasing an additional 322,286 shares during the period.

iShares Floating Rate Bond ETF Stock Performance

FLOT opened at $51.01 on Friday. iShares Floating Rate Bond ETF has a 1 year low of $50.76 and a 1 year high of $51.10. The stock’s 50 day simple moving average is $50.94 and its 200-day simple moving average is $50.94.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2021 per share. The ex-dividend date was Monday, February 3rd.

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.