iShares Treasury Floating Rate Bond ETF $TFLO is Rinkey Investments’ Largest Position

Rinkey Investments increased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 20.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 961,211 shares of the company’s stock after purchasing an additional 164,450 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 11.0% of Rinkey Investments’ portfolio, making the stock its largest holding. Rinkey Investments owned about 0.73% of iShares Treasury Floating Rate Bond ETF worth $48,666,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in iShares Treasury Floating Rate Bond ETF by 33.0% in the first quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock worth $392,137,000 after purchasing an additional 1,920,892 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after buying an additional 426,615 shares during the last quarter. Mariner LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.9% in the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after buying an additional 32,589 shares during the period. Wealthspire Advisors LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.3% in the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after buying an additional 266,825 shares during the period. Finally, Financial Advisory Corp lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.4% during the 2nd quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock worth $80,505,000 after acquiring an additional 95,596 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.65 on Tuesday. The stock has a 50 day moving average price of $50.59 and a 200 day moving average price of $50.57. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67.

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.