J2 Capital Management Inc Boosts Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

J2 Capital Management Inc raised its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 80.0% in the first quarter, HoldingsChannel.com reports. The fund owned 483,683 shares of the company’s stock after purchasing an additional 214,936 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 16.8% of J2 Capital Management Inc’s portfolio, making the stock its biggest holding. J2 Capital Management Inc’s holdings in iShares Treasury Floating Rate Bond ETF were worth $24,489,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AA Financial Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at about $1,597,000. Cardinal Point Capital Management ULC lifted its stake in iShares Treasury Floating Rate Bond ETF by 32.3% in the 1st quarter. Cardinal Point Capital Management ULC now owns 514,649 shares of the company’s stock valued at $26,057,000 after purchasing an additional 125,727 shares during the last quarter. Friedenthal Financial lifted its stake in iShares Treasury Floating Rate Bond ETF by 9,732.8% in the 1st quarter. Friedenthal Financial now owns 85,742 shares of the company’s stock valued at $4,341,000 after purchasing an additional 84,870 shares during the last quarter. Apella Capital LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the first quarter worth about $398,000. Finally, CENTRAL TRUST Co grew its holdings in iShares Treasury Floating Rate Bond ETF by 3.7% during the first quarter. CENTRAL TRUST Co now owns 50,090 shares of the company’s stock worth $2,536,000 after purchasing an additional 1,776 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO opened at $50.62 on Friday. The business’s 50 day moving average price is $50.57 and its two-hundred day moving average price is $50.55. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.66.

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.