Legacy Wealth Asset Management LLC boosted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 5.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,247 shares of the company’s stock after acquiring an additional 12,713 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 2.5% of Legacy Wealth Asset Management LLC’s portfolio, making the stock its 3rd largest position. Legacy Wealth Asset Management LLC owned approximately 0.16% of iShares Treasury Floating Rate Bond ETF worth $11,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in TFLO. Hamel Associates Inc. lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 145.4% during the fourth quarter. Hamel Associates Inc. now owns 235,805 shares of the company’s stock worth $11,899,000 after purchasing an additional 139,710 shares during the last quarter. Wealthspire Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 18.3% during the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock valued at $87,015,000 after buying an additional 266,825 shares in the last quarter. Rinkey Investments lifted its holdings in iShares Treasury Floating Rate Bond ETF by 20.6% during the 2nd quarter. Rinkey Investments now owns 961,211 shares of the company’s stock worth $48,666,000 after buying an additional 164,450 shares during the last quarter. Montecito Bank & Trust acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth approximately $6,874,000. Finally, Worth Asset Management LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at approximately $8,839,000.
iShares Treasury Floating Rate Bond ETF Price Performance
TFLO stock opened at $50.56 on Friday. The stock’s 50 day simple moving average is $50.58 and its 200 day simple moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month 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.
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