Intelligence Driven Advisers LLC Grows Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Intelligence Driven Advisers LLC raised its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 12.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,720 shares of the company’s stock after purchasing an additional 2,896 shares during the period. Intelligence Driven Advisers LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,354,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. National Bank of Canada FI lifted its holdings in iShares Treasury Floating Rate Bond ETF by 40.3% during the 4th quarter. National Bank of Canada FI now owns 118,583 shares of the company’s stock worth $5,984,000 after purchasing an additional 34,054 shares in the last quarter. Apollon Wealth Management LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $454,000. Principal Securities Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $142,000. BNP Paribas Financial Markets purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $6,530,000. Finally, One Capital Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $2,213,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

iShares Treasury Floating Rate Bond ETF stock traded up $0.02 during mid-day trading on Friday, hitting $50.46. 1,402,130 shares of the company traded hands, compared to its average volume of 2,316,612. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76. The stock has a fifty day moving average price of $50.54 and a 200-day moving average price of $50.57.

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.