Axxcess Wealth Management LLC Has $61.01 Million Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Axxcess Wealth Management LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,208,755 shares of the company’s stock after purchasing an additional 22,767 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 1.5% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Axxcess Wealth Management LLC owned approximately 0.88% of iShares Treasury Floating Rate Bond ETF worth $61,006,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TFLO. SPC Financial Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 878.7% in the 4th quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock worth $80,762,000 after purchasing an additional 1,436,691 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $59,654,000. Optivise Advisory Services LLC bought a new stake in iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth about $33,973,000. Strategic Financial Concepts LLC grew its position in iShares Treasury Floating Rate Bond ETF by 4,069.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock worth $24,484,000 after purchasing an additional 473,495 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in iShares Treasury Floating Rate Bond ETF by 99.4% in the 4th quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock worth $45,820,000 after purchasing an additional 452,562 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of TFLO stock opened at $50.59 on Tuesday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The company has a 50-day simple moving average of $50.58 and a two-hundred day simple moving average of $50.54.

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.