Traub Capital Management LLC Purchases Shares of 15,570 iShares Floating Rate Bond ETF $FLOT

Traub Capital Management LLC bought a new position in shares of iShares Floating Rate Bond ETF (BATS:FLOT) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,570 shares of the company’s stock, valued at approximately $794,000.

Several other hedge funds also recently bought and sold shares of the company. Tompkins Financial Corp bought a new stake in iShares Floating Rate Bond ETF during the second quarter worth $25,000. NorthRock Partners LLC grew its position in iShares Floating Rate Bond ETF by 269.5% in the first quarter. NorthRock Partners LLC now owns 521 shares of the company’s stock valued at $27,000 after acquiring an additional 380 shares during the last quarter. SYM FINANCIAL Corp acquired a new position in iShares Floating Rate Bond ETF in the 2nd quarter worth about $37,000. TFC Financial Management Inc. bought a new position in iShares Floating Rate Bond ETF during the 2nd quarter worth $40,000. Finally, SVB Wealth LLC acquired a new position in shares of iShares Floating Rate Bond ETF in the 1st quarter worth approximately $43,000.

iShares Floating Rate Bond ETF Stock Performance

FLOT stock opened at $50.98 on Wednesday. The stock’s 50 day moving average is $50.97 and its 200-day moving average is $50.94. iShares Floating Rate Bond ETF has a twelve month low of $49.75 and a twelve month high of $51.34.

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.