iShares Treasury Floating Rate Bond ETF $TFLO Shares Bought by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 97.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 285,566 shares of the company’s stock after acquiring an additional 140,655 shares during the period. Stonebridge Financial Group LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $14,470,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Talon Private Wealth LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 15.6% during the 2nd quarter. Talon Private Wealth LLC now owns 6,447 shares of the company’s stock worth $326,000 after purchasing an additional 870 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the second quarter worth $393,000. Lunt Capital Management Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 23.2% during the second quarter. Lunt Capital Management Inc. now owns 125,678 shares of the company’s stock worth $6,363,000 after buying an additional 23,658 shares during the last quarter. SVB Wealth LLC raised its position in iShares Treasury Floating Rate Bond ETF by 4.0% during the second quarter. SVB Wealth LLC now owns 11,829 shares of the company’s stock worth $599,000 after acquiring an additional 450 shares in the last quarter. Finally, Capital Advantage Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the second quarter valued at $13,683,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO traded down $0.16 during midday trading on Thursday, reaching $50.51. The stock had a trading volume of 3,276,600 shares, compared to its average volume of 1,642,832. The firm has a 50 day simple moving average of $50.59 and a 200-day simple moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one 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.