Milestone Asset Management LLC Has $9.44 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Milestone Asset Management LLC grew its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2,818.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 186,290 shares of the company’s stock after acquiring an additional 179,907 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for 2.0% of Milestone Asset Management LLC’s holdings, making the stock its 8th biggest position. Milestone Asset Management LLC owned 0.14% of iShares Treasury Floating Rate Bond ETF worth $9,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of TFLO. Capital Investment Advisory Services LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 2,814.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 4,371 shares of the company’s stock valued at $221,000 after acquiring an additional 4,221 shares during the last quarter. J Hagan Capital Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at about $208,000. Stratos Wealth Advisors LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 9.6% in the 1st quarter. Stratos Wealth Advisors LLC now owns 10,410 shares of the company’s stock valued at $527,000 after acquiring an additional 912 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.5% in the 1st quarter. Axxcess Wealth Management LLC now owns 1,227,299 shares of the company’s stock valued at $62,175,000 after acquiring an additional 18,544 shares during the last quarter. Finally, Moloney Securities Asset Management LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 1,029.6% in the 1st quarter. Moloney Securities Asset Management LLC now owns 712,598 shares of the company’s stock valued at $36,100,000 after acquiring an additional 649,516 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.45 on Tuesday. The business has a 50 day simple moving average of $50.52 and a 200 day simple moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.69.

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.