270,246 Shares in iShares Treasury Floating Rate Bond ETF $TFLO Bought by Capital Advantage Inc.

Capital Advantage Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 270,246 shares of the company’s stock, valued at approximately $13,683,000. iShares Treasury Floating Rate Bond ETF makes up about 1.7% of Capital Advantage Inc.’s investment portfolio, making the stock its 18th biggest position. Capital Advantage Inc. owned about 0.21% of iShares Treasury Floating Rate Bond ETF as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of TFLO. NewEdge Advisors LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 11.6% in the 2nd quarter. NewEdge Advisors LLC now owns 14,803 shares of the company’s stock worth $749,000 after buying an additional 1,536 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 22.6% in the 2nd quarter. IFP Advisors Inc now owns 363,276 shares of the company’s stock worth $18,393,000 after buying an additional 66,964 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $318,000. Mraz Amerine & Associates Inc. raised its position in shares of iShares Treasury Floating Rate Bond ETF by 7.3% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 58,625 shares of the company’s stock valued at $2,968,000 after buying an additional 4,011 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.7% in the 2nd quarter. Allworth Financial LP now owns 64,402 shares of the company’s stock valued at $3,261,000 after acquiring an additional 1,090 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO opened at $50.53 on Wednesday. The business’s 50 day moving average is $50.57 and its two-hundred day moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.67.

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.