FCA Corp TX Has $5.95 Million Position in iShares Floating Rate Bond ETF (BATS:FLOT)

FCA Corp TX lifted its stake in shares of iShares Floating Rate Bond ETF (BATS:FLOT) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,998 shares of the company’s stock after acquiring an additional 1,209 shares during the period. iShares Floating Rate Bond ETF makes up about 1.9% of FCA Corp TX’s investment portfolio, making the stock its 7th largest holding. FCA Corp TX owned about 0.08% of iShares Floating Rate Bond ETF worth $5,953,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Napatree Capital LLC bought a new position in iShares Floating Rate Bond ETF in the fourth quarter valued at $787,000. LPL Financial LLC lifted its stake in shares of iShares Floating Rate Bond ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 3,555,532 shares of the company’s stock worth $180,905,000 after buying an additional 149,228 shares during the last quarter. Blueprint Investment Partners LLC acquired a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth about $824,000. MRP Capital Investments LLC raised its stake in iShares Floating Rate Bond ETF by 1,400.0% in the 4th quarter. MRP Capital Investments LLC now owns 7,500 shares of the company’s stock worth $382,000 after purchasing an additional 7,000 shares in the last quarter. Finally, Lee Danner & Bass Inc. acquired a new stake in iShares Floating Rate Bond ETF in the 4th quarter worth about $491,000.

iShares Floating Rate Bond ETF Price Performance

FLOT stock opened at $51.02 on Friday. The company’s 50-day moving average price is $50.99 and its two-hundred day moving average price is $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.28 and a 12 month high of $51.16.

iShares Floating Rate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date was Monday, March 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.