Financial Advisory Corp Grows Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Financial Advisory Corp grew its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,590,060 shares of the company’s stock after purchasing an additional 95,596 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises about 10.7% of Financial Advisory Corp’s portfolio, making the stock its 3rd largest holding. Financial Advisory Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $80,505,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TFLO. Bank of America Corp DE grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 33.0% in the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after buying an additional 1,920,892 shares during the period. AlphaCore Capital LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $42,267,000. LPL Financial LLC raised its stake in 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 worth $340,926,000 after buying an additional 426,615 shares during the period. ARK & TLK Investments LLC lifted its holdings in iShares Treasury Floating Rate Bond ETF by 116.1% during the fourth quarter. ARK & TLK Investments LLC now owns 503,104 shares of the company’s stock worth $25,387,000 after acquiring an additional 270,296 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in iShares Treasury Floating Rate Bond ETF by 18.3% during the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after acquiring an additional 266,825 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.55 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67. The stock has a 50-day moving average price of $50.57 and a two-hundred day moving average price of $50.57.

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.