Laurel Wealth Advisors LLC Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Laurel Wealth Advisors LLC increased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 600,440 shares of the company’s stock after acquiring an additional 38,719 shares during the period. iShares Treasury Floating Rate Bond ETF comprises approximately 4.0% of Laurel Wealth Advisors LLC’s portfolio, making the stock its 4th largest position. Laurel Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $30,298,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. Whittier Trust Co. purchased a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth $28,000. Chapman Financial Group LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the second quarter worth $59,000. Optima Capital LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $62,000. GPS Wealth Strategies Group LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 99.4% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,404 shares of the company’s stock valued at $71,000 after buying an additional 700 shares during the period. Finally, Ares Financial Consulting LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at about $90,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock remained flat at $50.63 during midday trading on Thursday. The company’s stock had a trading volume of 181,035 shares, compared to its average volume of 1,714,555. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67. The firm 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 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.