Vicus Capital Cuts Stock Holdings in iShares Floating Rate Bond ETF $FLOT

Vicus Capital trimmed its position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 71.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,923 shares of the company’s stock after selling 62,196 shares during the quarter. Vicus Capital’s holdings in iShares Floating Rate Bond ETF were worth $1,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares Floating Rate Bond ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 8,849,172 shares of the company’s stock worth $452,060,000 after purchasing an additional 49,559 shares in the last quarter. Morgan Stanley increased its stake in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 6,136,314 shares of the company’s stock valued at $312,093,000 after buying an additional 71,189 shares during the last quarter. Northern Trust Corp lifted its position in shares of iShares Floating Rate Bond ETF by 8.6% during the 4th quarter. Northern Trust Corp now owns 5,453,861 shares of the company’s stock worth $277,383,000 after buying an additional 432,264 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares Floating Rate Bond ETF by 1.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,254,227 shares of the company’s stock worth $165,510,000 after buying an additional 31,384 shares in the last quarter. Finally, New York Life Investment Management LLC boosted its stake in shares of iShares Floating Rate Bond ETF by 1.8% in the 4th quarter. New York Life Investment Management LLC now owns 3,133,476 shares of the company’s stock worth $159,369,000 after buying an additional 55,725 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.05 on Monday. The business has a 50 day moving average of $50.96 and a 200-day moving average of $50.93. iShares Floating Rate Bond ETF has a 12-month low of $50.67 and a 12-month high of $51.09.

iShares Floating Rate Bond ETF 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.