iShares Treasury Floating Rate Bond ETF $TFLO Stock Bought by Worth Asset Management LLC

Worth Asset Management LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 12.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,085 shares of the company’s stock after buying an additional 12,729 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 1.6% of Worth Asset Management LLC’s investment portfolio, making the stock its 13th largest holding. Worth Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $5,629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TFLO. Bank of America Corp DE boosted its stake in iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after acquiring an additional 1,920,892 shares during the last quarter. LPL Financial LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock worth $340,926,000 after purchasing an additional 426,615 shares in the last quarter. Capital Advantage Inc. bought a new position in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $13,683,000. Wealthspire Advisors LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 18.3% in the 4th quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after acquiring an additional 266,825 shares in the last quarter. Finally, J2 Capital Management Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 80.0% in the 1st quarter. J2 Capital Management Inc now owns 483,683 shares of the company’s stock valued at $24,489,000 after acquiring an additional 214,936 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO traded up $0.01 during trading hours on Wednesday, hitting $50.55. 1,110,726 shares of the stock were exchanged, compared to its average volume of 1,649,775. The stock has a 50-day simple moving average of $50.58 and a 200-day simple moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.67.

iShares Treasury Floating Rate Bond ETF Company 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.