Centurion Wealth Management LLC Purchases 14,393 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Centurion Wealth Management LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 158,379 shares of the company’s stock after acquiring an additional 14,393 shares during the period. iShares Treasury Floating Rate Bond ETF makes up approximately 2.5% of Centurion Wealth Management LLC’s portfolio, making the stock its 8th largest position. Centurion Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $7,993,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. SPC Financial Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 878.7% during the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock valued at $80,762,000 after buying an additional 1,436,691 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at $59,654,000. Optivise Advisory Services LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter valued at $33,973,000. Strategic Financial Concepts LLC grew its position in iShares Treasury Floating Rate Bond ETF by 4,069.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock valued at $24,484,000 after buying an additional 473,495 shares during the period. Finally, Private Advisor Group LLC grew its position in iShares Treasury Floating Rate Bond ETF by 99.4% during the fourth quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock valued at $45,820,000 after buying an additional 452,562 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.58 on Friday. The firm’s fifty day moving average is $50.58 and its 200 day moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.71.

iShares Treasury Floating Rate Bond ETF Company 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.