Johnson Bixby & Associates LLC Buys 16,366 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Johnson Bixby & Associates LLC raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 45.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,997 shares of the company’s stock after acquiring an additional 16,366 shares during the period. Johnson Bixby & Associates LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $47,000. CX Institutional acquired a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth approximately $59,000. Dunhill Financial LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the first quarter valued at approximately $74,000. Fifth Third Bancorp bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the first quarter worth $83,000. Finally, IMG Wealth Management Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $89,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of NYSEARCA:TFLO opened at $50.61 on Monday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.69. The company has a fifty day moving average of $50.57 and a 200-day moving average of $50.56.

iShares Treasury Floating Rate Bond ETF Profile

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.