Milestone Asset Management LLC Increases Position in iShares Treasury Floating Rate Bond ETF $TFLO

Milestone Asset Management LLC boosted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 170.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 502,992 shares of the company’s stock after purchasing an additional 316,702 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 4.8% of Milestone Asset Management LLC’s holdings, making the stock its 4th largest holding. Milestone Asset Management LLC owned 0.39% of iShares Treasury Floating Rate Bond ETF worth $25,446,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Beacon Financial Group lifted its position in iShares Treasury Floating Rate Bond ETF by 17.1% during the third quarter. Beacon Financial Group now owns 432,582 shares of the company’s stock valued at $21,884,000 after purchasing an additional 63,231 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Treasury Floating Rate Bond ETF by 134.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock valued at $1,527,000 after buying an additional 17,265 shares in the last quarter. Financial Advisory Corp lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.4% in the 3rd quarter. Financial Advisory Corp now owns 1,647,090 shares of the company’s stock valued at $83,326,000 after acquiring an additional 23,031 shares during the last quarter. Capital Asset Advisory Services LLC grew its position in iShares Treasury Floating Rate Bond ETF by 2.2% in the third quarter. Capital Asset Advisory Services LLC now owns 1,341,064 shares of the company’s stock worth $67,844,000 after acquiring an additional 28,560 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in iShares Treasury Floating Rate Bond ETF by 58.2% in the second quarter. Janney Montgomery Scott LLC now owns 99,200 shares of the company’s stock worth $5,024,000 after acquiring an additional 36,496 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.42 on Thursday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.69. The stock’s 50 day simple moving average is $50.51 and its two-hundred day simple moving average is $50.53.

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.