HighTower Advisors LLC Grows Position in iShares Treasury Floating Rate Bond ETF $TFLO

HighTower Advisors LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 59.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 589,850 shares of the company’s stock after purchasing an additional 219,382 shares during the period. HighTower Advisors LLC owned about 0.47% of iShares Treasury Floating Rate Bond ETF worth $29,764,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. Cyr Financial Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF by 4.8% in the fourth quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock worth $217,000 after purchasing an additional 198 shares during the last quarter. BTS Asset Management Inc. boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 1.1% during the third quarter. BTS Asset Management Inc. now owns 18,084 shares of the company’s stock valued at $915,000 after buying an additional 203 shares during the period. Thoroughbred Financial Services LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.1% during the third quarter. Thoroughbred Financial Services LLC now owns 19,975 shares of the company’s stock valued at $1,010,000 after buying an additional 216 shares during the last quarter. Stratos Wealth Advisors LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 2.8% in the third quarter. Stratos Wealth Advisors LLC now owns 13,212 shares of the company’s stock worth $668,000 after buying an additional 356 shares during the period. Finally, Intelligence Driven Advisers LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 3.0% in the third quarter. Intelligence Driven Advisers LLC now owns 14,982 shares of the company’s stock worth $758,000 after buying an additional 441 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.61 on Friday. The stock has a 50 day moving average price of $50.57 and a 200 day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week 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.