CAP Partners LLC Invests $371,000 in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

CAP Partners LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,348 shares of the company’s stock, valued at approximately $371,000.

A number of other hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 732.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock worth $1,490,106,000 after purchasing an additional 25,839,099 shares during the period. LPL Financial LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 113.7% during the 3rd quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock worth $595,509,000 after acquiring an additional 6,243,626 shares in the last quarter. Morgan Stanley lifted its stake in iShares Treasury Floating Rate Bond ETF by 86.4% during the 3rd quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after acquiring an additional 3,465,283 shares in the last quarter. UBS Group AG lifted its stake in iShares Treasury Floating Rate Bond ETF by 2.3% during the 4th quarter. UBS Group AG now owns 4,369,616 shares of the company’s stock worth $220,535,000 after acquiring an additional 97,337 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF by 2.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,792,224 shares of the company’s stock worth $191,394,000 after acquiring an additional 81,949 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO traded down $0.01 during mid-day trading on Monday, hitting $50.66. 1,306,600 shares of the stock were exchanged, compared to its average volume of 2,711,546. The firm’s fifty day moving average is $50.59 and its two-hundred day moving average is $50.58. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.37 and a 1-year high of $50.76.

About iShares Treasury Floating Rate Bond ETF

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.