Savvy Advisors Inc. Buys Shares of 18,748 iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Savvy Advisors Inc. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,748 shares of the company’s stock, valued at approximately $946,000. iShares Treasury Floating Rate Bond ETF makes up approximately 0.9% of Savvy Advisors Inc.’s holdings, making the stock its 19th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at about $25,000. Atticus Wealth Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at $30,000. North Star Investment Management Corp. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $33,000. SouthState Corp acquired a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $41,000. Finally, NBC Securities Inc. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at approximately $66,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock traded up $0.01 during mid-day trading on Thursday, reaching $50.60. 1,286,081 shares of the company’s stock were exchanged, compared to its average volume of 2,798,940. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76. The stock’s 50 day moving average is $50.58 and its 200 day moving average is $50.58.

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.