Murphy Middleton Hinkle & Parker Inc. Makes New Investment in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Murphy Middleton Hinkle & Parker Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, Holdings Channel reports. The fund acquired 4,896 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TFLO. Oxbow Advisors LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 59.6% in the 3rd quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock worth $135,424,000 after buying an additional 999,068 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 16.1% during the 2nd quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock worth $104,618,000 after acquiring an additional 286,831 shares during the period. Arbor Investment Advisors LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 10.0% in the third quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock worth $84,747,000 after acquiring an additional 151,847 shares during the last quarter. BIP Wealth LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 19.5% in the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares during the period. Finally, Axxcess Wealth Management LLC increased its position in iShares Treasury Floating Rate Bond ETF by 10.6% during the third quarter. Axxcess Wealth Management LLC now owns 1,185,988 shares of the company’s stock worth $60,011,000 after purchasing an additional 113,938 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of TFLO opened at $50.59 on Friday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.36 and a fifty-two week high of $50.71. The company’s fifty day moving average is $50.51 and its two-hundred day moving average is $50.52.

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.