Facet Wealth Inc. Buys 31,972 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Facet Wealth Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 591,221 shares of the company’s stock after purchasing an additional 31,972 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 0.8% of Facet Wealth Inc.’s investment portfolio, making the stock its 22nd largest holding. Facet Wealth Inc. owned approximately 0.43% of iShares Treasury Floating Rate Bond ETF worth $29,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of TFLO. SPC Financial Inc. boosted its stake in iShares Treasury Floating Rate Bond ETF by 878.7% during the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock worth $80,762,000 after acquiring an additional 1,436,691 shares in the last quarter. Assetmark Inc. boosted its stake in iShares Treasury Floating Rate Bond ETF by 0.4% during the fourth quarter. Assetmark Inc. now owns 1,515,103 shares of the company’s stock worth $76,467,000 after acquiring an additional 5,308 shares in the last quarter. BIP Wealth LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 19.5% during the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock worth $74,847,000 after acquiring an additional 241,272 shares in the last quarter. Capital Asset Advisory Services LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 0.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,197,997 shares of the company’s stock worth $60,487,000 after acquiring an additional 10,903 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $59,654,000.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.58 on Friday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.71. The company’s 50-day simple moving average is $50.58 and its 200 day simple moving average is $50.54.

About iShares Treasury Floating Rate Bond ETF

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.