LPL Financial LLC Has $340.93 Million Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

LPL Financial LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,756,367 shares of the company’s stock after purchasing an additional 426,615 shares during the period. LPL Financial LLC owned 5.35% of iShares Treasury Floating Rate Bond ETF worth $340,926,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. J.W. Cole Advisors Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 253,998 shares of the company’s stock valued at $12,810,000 after purchasing an additional 10,559 shares in the last quarter. Lido Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.1% during the 4th quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock valued at $431,000 after purchasing an additional 339 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $32,000. WCG Wealth Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $730,000. Finally, Spectrum Planning & Advisory Services Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $413,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

TFLO stock opened at $50.53 on Tuesday. The business has a fifty day moving average price of $50.56 and a 200 day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.66.

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.