iShares Treasury Floating Rate Bond ETF $TFLO Position Increased by Palo Alto Wealth Advisors LLC

Palo Alto Wealth Advisors LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 28.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 112,526 shares of the company’s stock after acquiring an additional 25,001 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 3.3% of Palo Alto Wealth Advisors LLC’s holdings, making the stock its 10th biggest holding. Palo Alto Wealth Advisors LLC owned 0.09% of iShares Treasury Floating Rate Bond ETF worth $5,681,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5,146.9% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 25,370,114 shares of the company’s stock valued at $1,284,996,000 after purchasing an additional 24,886,588 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after purchasing an additional 637,336 shares in the last quarter. Walker Financial Services Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 570.0% in the third quarter. Walker Financial Services Inc. now owns 546,341 shares of the company’s stock valued at $27,639,000 after buying an additional 464,796 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the second quarter valued at $20,841,000. Finally, Milestone Asset Management LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 170.0% in the third quarter. Milestone Asset Management LLC now owns 502,992 shares of the company’s stock valued at $25,446,000 after buying an additional 316,702 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

NYSEARCA:TFLO opened at $50.51 on Friday. The stock has a 50-day simple moving average of $50.54 and a 200-day simple moving average of $50.52. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67.

iShares Treasury Floating Rate Bond ETF 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.