SteelPeak Wealth LLC Acquires 87,733 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

SteelPeak Wealth LLC grew its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 703.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,200 shares of the company’s stock after buying an additional 87,733 shares during the period. SteelPeak Wealth LLC owned 0.07% of iShares Treasury Floating Rate Bond ETF worth $5,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TFLO. Family Asset Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth about $41,000. Fifth Third Bancorp acquired a new position in iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $63,000. Signaturefd LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 215.7% in the 2nd quarter. Signaturefd LLC now owns 1,746 shares of the company’s stock valued at $88,000 after purchasing an additional 1,193 shares in the last quarter. Family Firm Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth $127,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 201.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 3,676 shares of the company’s stock worth $186,000 after buying an additional 2,458 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock traded up $0.02 during midday trading on Wednesday, reaching $50.62. The company’s stock had a trading volume of 1,340,889 shares, compared to its average volume of 2,188,296. The business has a 50-day moving average price of $50.53 and a 200-day moving average price of $50.56. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76.

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.