Professional Financial Advisors LLC Has $2.69 Million Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Professional Financial Advisors LLC grew its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 35.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,079 shares of the company’s stock after purchasing an additional 13,841 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 0.7% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Professional Financial Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,689,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. SouthState Corp bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $41,000. Criterion Capital Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $98,000. Northwest Capital Management Inc bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth approximately $122,000. Sound Income Strategies LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 12.9% in the first quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock worth $141,000 after purchasing an additional 318 shares during the last quarter. Finally, Principal Securities Inc. bought a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at about $142,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of TFLO stock traded up $0.01 during trading hours on Friday, hitting $50.55. 1,083,301 shares of the company were exchanged, compared to its average volume of 2,377,020. The firm has a fifty day simple moving average of $50.55 and a 200 day simple moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.37 and a 52-week high of $50.76.

iShares Treasury Floating Rate Bond ETF Company 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.