JPMorgan Chase & Co. Increases Stock Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

JPMorgan Chase & Co. raised its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 16.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 224,228 shares of the company’s stock after purchasing an additional 32,277 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $11,357,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TFLO. Smartleaf Asset Management LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the first quarter worth approximately $26,000. Robbins Farley bought a new position in iShares Treasury Floating Rate Bond ETF in the second quarter worth approximately $30,000. Independence Bank of Kentucky purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth $30,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 250.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after acquiring an additional 503 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $39,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO opened at $50.49 on Tuesday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.69. The business has a fifty day moving average price of $50.51 and a 200-day moving average price of $50.54.

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.