Vertex Planning Partners LLC Has $11.32 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Vertex Planning Partners LLC increased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 14.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 224,207 shares of the company’s stock after purchasing an additional 28,757 shares during the period. iShares Treasury Floating Rate Bond ETF makes up approximately 2.5% of Vertex Planning Partners LLC’s portfolio, making the stock its 8th biggest holding. Vertex Planning Partners LLC owned approximately 0.16% of iShares Treasury Floating Rate Bond ETF worth $11,316,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Cedar Mountain Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $28,000. Crewe Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $55,000. IMG Wealth Management Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $89,000. Principal Securities Inc. boosted its stake in iShares Treasury Floating Rate Bond ETF by 56.6% during the fourth quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after acquiring an additional 826 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $130,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.64 on Friday. The firm has a 50 day moving average price of $50.59 and a 200-day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71.

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.