Richardson Financial Services Inc. Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Richardson Financial Services Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,760 shares of the company’s stock after buying an additional 621 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 0.8% of Richardson Financial Services Inc.’s holdings, making the stock its 26th largest position. Richardson Financial Services Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Family Asset Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at $41,000. Fifth Third Bancorp acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth about $63,000. Signaturefd LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 215.7% during the second quarter. Signaturefd LLC now owns 1,746 shares of the company’s stock worth $88,000 after purchasing an additional 1,193 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at about $127,000. Finally, Woodmont Investment Counsel LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at about $156,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO traded up $0.01 during trading on Friday, hitting $50.59. 812,563 shares of the stock were exchanged, compared to its average volume of 2,202,626. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.37 and a 1-year high of $50.76. The stock has a fifty day moving average price of $50.53 and a two-hundred day moving average price of $50.55.

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.