iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Reaches New 12-Month High – Here’s What Happened

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLOGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $50.66 and last traded at $50.65, with a volume of 182104 shares traded. The stock had previously closed at $50.65.

iShares Treasury Floating Rate Bond ETF Stock Performance

The stock’s 50-day moving average price is $50.57 and its 200-day moving average price is $50.57.

Institutional Investors Weigh In On iShares Treasury Floating Rate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TFLO. Evolution Wealth Management Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $32,000. Core Wealth Advisors LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $53,000. Strive Financial Group LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $55,000. Chapman Financial Group LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter worth about $59,000. Finally, Optima Capital LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $62,000.

iShares Treasury Floating Rate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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