Founders Financial Securities LLC Boosts Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Founders Financial Securities LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 29.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 287,211 shares of the company’s stock after acquiring an additional 65,267 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 1.5% of Founders Financial Securities LLC’s investment portfolio, making the stock its 13th biggest position. Founders Financial Securities LLC owned 0.21% of iShares Treasury Floating Rate Bond ETF worth $14,559,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Atticus Wealth Management LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth about $30,000. SouthState Corp acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $41,000. Fifth Third Bancorp lifted its stake in iShares Treasury Floating Rate Bond ETF by 545.7% in the fourth quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after acquiring an additional 1,457 shares during the last quarter. Criterion Capital Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $98,000. Finally, Northwest Capital Management Inc acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth approximately $122,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO traded up $0.01 during midday trading on Friday, reaching $50.66. The stock had a trading volume of 1,991,678 shares, compared to its average volume of 2,567,542. The company’s fifty day simple moving average is $50.59 and its two-hundred day simple moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.37 and a 1-year high of $50.76.

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.