Mattern Capital Management LLC Purchases Shares of 52,412 iShares Treasury Floating Rate Bond ETF $TFLO

Mattern Capital Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 52,412 shares of the company’s stock, valued at approximately $2,654,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Evolution Wealth Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $32,000. Core Wealth Advisors LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $53,000. Strive Financial Group LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $55,000. Chapman Financial Group LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $59,000. Finally, Optima Capital LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $62,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of TFLO opened at $50.56 on Tuesday. The company has a 50-day moving average of $50.56 and a two-hundred day moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.66.

About iShares Treasury Floating Rate Bond ETF

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.