iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Purchased by Summitry LLC

Summitry LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 525,981 shares of the company’s stock after buying an additional 42,416 shares during the period. Summitry LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $26,546,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Stratos Wealth Advisors LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $479,000. BNP Paribas Financial Markets raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 190.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock worth $3,774,000 after purchasing an additional 48,944 shares during the period. WESCAP Management Group Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.2% in the 3rd quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock worth $14,420,000 after purchasing an additional 3,502 shares during the period. Coldstream Capital Management Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $203,000. Finally, Montecito Bank & Trust grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 7.3% during the 4th quarter. Montecito Bank & Trust now owns 111,781 shares of the company’s stock worth $5,642,000 after purchasing an additional 7,617 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.63 on Wednesday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.71. The company’s 50 day moving average price is $50.59 and its 200 day moving average price is $50.54.

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.