Sugar Maple Asset Management LLC Increases Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Sugar Maple Asset Management LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 241,455 shares of the company’s stock after buying an additional 43,451 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 7.4% of Sugar Maple Asset Management LLC’s holdings, making the stock its 4th largest position. Sugar Maple Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $12,225,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. AlphaCore Capital LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $42,267,000. Bank of America Corp DE lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after buying an additional 637,336 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after buying an additional 426,615 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 2,963.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock valued at $20,825,000 after buying an additional 399,224 shares in the last quarter. Finally, Arta Finance Wealth Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at approximately $13,930,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.63 on Friday. The firm has a 50 day moving average of $50.57 and a 200 day moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.66.

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.