Mutual Advisors LLC Buys 11,712 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Mutual Advisors LLC lifted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,201 shares of the company’s stock after purchasing an additional 11,712 shares during the quarter. Mutual Advisors LLC owned about 0.11% of iShares Treasury Floating Rate Bond ETF worth $6,822,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Oppenheimer & Co. Inc. boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 26.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 35,816 shares of the company’s stock worth $1,807,000 after purchasing an additional 7,528 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.9% in the 4th quarter. Laurel Wealth Advisors LLC now owns 600,440 shares of the company’s stock worth $30,298,000 after purchasing an additional 38,719 shares in the last quarter. Simplicity Wealth LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 33.5% in the 4th quarter. Simplicity Wealth LLC now owns 12,111 shares of the company’s stock worth $611,000 after purchasing an additional 3,040 shares in the last quarter. Smart Money Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $2,875,000. Finally, Strategic Blueprint LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 3.6% in the 4th quarter. Strategic Blueprint LLC now owns 64,269 shares of the company’s stock worth $3,243,000 after purchasing an additional 2,240 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.49 on Friday. The business’s 50 day moving average price is $50.57 and its 200-day moving average price is $50.54. 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 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.