SG Trading Solutions LLC Takes Position in iShares Treasury Floating Rate Bond ETF $TFLO

SG Trading Solutions LLC acquired a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 56,660 shares of the company’s stock, valued at approximately $2,859,000. iShares Treasury Floating Rate Bond ETF comprises approximately 0.7% of SG Trading Solutions LLC’s portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of TFLO. Goldman Sachs Group Inc. raised its stake in 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 purchasing an additional 17,265 shares during the last quarter. Baird Financial Group Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $265,000. Brown Advisory Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 90.0% in the 2nd quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock worth $385,000 after purchasing an additional 3,600 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $11,961,000. Finally, Bank of America Corp DE increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after purchasing an additional 637,336 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Up 0.1%

Shares of TFLO opened at $50.59 on Friday. The company has a 50-day simple moving average of $50.56 and a 200-day simple moving average of $50.54. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.66.

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.