Portfolio Design Labs LLC Increases Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Portfolio Design Labs LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 377.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 516,000 shares of the company’s stock after acquiring an additional 407,824 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up 7.3% of Portfolio Design Labs LLC’s portfolio, making the stock its largest holding. Portfolio Design Labs LLC owned about 0.38% of iShares Treasury Floating Rate Bond ETF worth $26,110,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Karpus Management Inc. boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 127.8% in the 1st quarter. Karpus Management Inc. now owns 61,850 shares of the company’s stock worth $3,135,000 after acquiring an additional 34,700 shares in the last quarter. Wellington Wealth Strategies LLC. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the first quarter worth $3,023,000. OLD Mission Capital LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1,573.5% during the first quarter. OLD Mission Capital LLC now owns 156,938 shares of the company’s stock worth $7,955,000 after purchasing an additional 147,560 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 5.0% in the first quarter. Axxcess Wealth Management LLC now owns 1,001,368 shares of the company’s stock valued at $50,759,000 after buying an additional 48,040 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the first quarter valued at about $1,926,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of NYSEARCA TFLO opened at $50.57 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.75. The firm’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.55.

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.