IFP Advisors Inc Acquires 89,512 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

IFP Advisors Inc raised its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 24.6% during the third quarter, Holdings Channel.com reports. The fund owned 452,788 shares of the company’s stock after purchasing an additional 89,512 shares during the period. IFP Advisors Inc’s holdings in iShares Treasury Floating Rate Bond ETF were worth $22,943,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TFLO. Bank of America Corp DE grew its holdings 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 worth $392,137,000 after acquiring an additional 1,920,892 shares during the period. Financial Advisory Corp lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.4% in the 2nd quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock valued at $80,505,000 after purchasing an additional 95,596 shares during the period. Arbor Investment Advisors LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 8.3% in the 1st quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock valued at $67,734,000 after purchasing an additional 102,751 shares during the period. Capital Asset Advisory Services LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 17.4% in the 1st quarter. Capital Asset Advisory Services LLC now owns 1,182,871 shares of the company’s stock valued at $59,818,000 after purchasing an additional 175,263 shares during the period. Finally, Brookstone Capital Management boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.2% in the 1st quarter. Brookstone Capital Management now owns 1,065,200 shares of the company’s stock worth $53,931,000 after purchasing an additional 62,529 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO opened at $50.62 on Friday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67. The stock’s fifty day simple moving average is $50.58 and its 200-day simple moving average is $50.57.

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.