Brooklyn FI LLC Purchases New Shares in iShares Treasury Floating Rate Bond ETF $TFLO

Brooklyn FI LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 564,404 shares of the company’s stock, valued at approximately $28,525,000. iShares Treasury Floating Rate Bond ETF comprises approximately 4.4% of Brooklyn FI LLC’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds have also recently modified their holdings of the business. Global Assets Advisory LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 0.4% in the 3rd quarter. Global Assets Advisory LLC now owns 68,253 shares of the company’s stock worth $3,449,000 after purchasing an additional 273 shares in the last quarter. GC Wealth Management RIA LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 6.1% during the first quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock valued at $277,000 after purchasing an additional 315 shares in the last quarter. United Advisor Group LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 8.9% during the third quarter. United Advisor Group LLC now owns 5,139 shares of the company’s stock valued at $260,000 after purchasing an additional 419 shares in the last quarter. SVB Wealth LLC grew its holdings 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 valued at $599,000 after purchasing an additional 450 shares during the period. Finally, Compass Financial Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter valued at about $32,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.59 on Wednesday. The business has a 50-day simple moving average of $50.59 and a two-hundred day simple moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.71.

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.