iShares Treasury Floating Rate Bond ETF $TFLO Shares Purchased by Palo Alto Wealth Advisors LLC

Palo Alto Wealth Advisors LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 107.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,268 shares of the company’s stock after acquiring an additional 64,241 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 2.5% of Palo Alto Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Palo Alto Wealth Advisors LLC owned about 0.09% of iShares Treasury Floating Rate Bond ETF worth $6,282,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of TFLO. Smartleaf Asset Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 1st quarter worth $26,000. CX Institutional acquired a new stake in iShares Treasury Floating Rate Bond ETF in the first quarter valued at $59,000. Dunhill Financial LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the first quarter valued at $74,000. Rossby Financial LCC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth about $78,000. Finally, Fifth Third Bancorp acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 1st quarter worth about $83,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

TFLO opened at $50.61 on Friday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.69. The business’s 50-day simple moving average is $50.57 and its 200-day simple moving average is $50.57.

About iShares Treasury Floating Rate Bond ETF

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.