Gries Financial LLC Buys 5,261 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Gries Financial LLC raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 51.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 15,498 shares of the company’s stock after acquiring an additional 5,261 shares during the period. Gries Financial LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $785,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Schmidt P J Investment Management Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF by 5.1% in the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock valued at $237,000 after buying an additional 226 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock valued at $3,177,000 after buying an additional 291 shares in the last quarter. Institute for Wealth Management LLC. lifted its stake in iShares Treasury Floating Rate Bond ETF by 4.9% in the first quarter. Institute for Wealth Management LLC. now owns 8,371 shares of the company’s stock valued at $424,000 after buying an additional 393 shares in the last quarter. Smartleaf Asset Management LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the first quarter valued at approximately $26,000. Finally, Pinnacle Financial Partners Inc lifted its stake in iShares Treasury Floating Rate Bond ETF by 5.8% in the first quarter. Pinnacle Financial Partners Inc now owns 9,819 shares of the company’s stock valued at $497,000 after buying an additional 536 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.54 on Tuesday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.36 and a twelve month high of $50.69. The firm’s 50 day moving average price is $50.55 and its two-hundred day moving average price is $50.56.

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.