Strategic Financial Concepts LLC Purchases 10,325 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Strategic Financial Concepts LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 131.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,187 shares of the company’s stock after purchasing an additional 10,325 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $918,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in 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 purchasing an additional 637,336 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 6.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,347,201 shares of the company’s stock valued at $118,745,000 after purchasing an additional 136,476 shares in the last quarter. Mariner LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 1.9% during the 3rd quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock valued at $88,137,000 after purchasing an additional 32,589 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 0.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,341,427 shares of the company’s stock valued at $67,863,000 after purchasing an additional 8,164 shares in the last quarter. Finally, Northwest Quadrant Wealth Management LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 3.9% during the 4th quarter. Northwest Quadrant Wealth Management LLC now owns 1,099,096 shares of the company’s stock valued at $55,460,000 after purchasing an additional 40,804 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO opened at $50.61 on Friday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67. The firm has a 50-day simple moving average of $50.57 and a two-hundred day simple moving average of $50.54.

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.