Castle Rock Wealth Management LLC Boosts Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Castle Rock Wealth Management LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 19.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 363,427 shares of the company’s stock after purchasing an additional 59,402 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 3.5% of Castle Rock Wealth Management LLC’s holdings, making the stock its 6th biggest position. Castle Rock Wealth Management LLC owned about 0.26% of iShares Treasury Floating Rate Bond ETF worth $18,368,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GC Wealth Management RIA LLC grew its position in iShares Treasury Floating Rate Bond ETF by 6.1% during the first quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock valued at $277,000 after buying an additional 315 shares during the period. SVB Wealth LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 4.0% during the 2nd quarter. SVB Wealth LLC now owns 11,829 shares of the company’s stock valued at $599,000 after acquiring an additional 450 shares during the period. Compass Financial Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $32,000. PFG Investments LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 14.3% in the 1st quarter. PFG Investments LLC now owns 5,345 shares of the company’s stock worth $271,000 after purchasing an additional 667 shares in the last quarter. Finally, MFA Wealth Services raised its holdings in iShares Treasury Floating Rate Bond ETF by 3.3% in the 1st quarter. MFA Wealth Services now owns 25,829 shares of the company’s stock worth $1,308,000 after purchasing an additional 816 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO traded up $0.01 during mid-day trading on Friday, hitting $50.57. 2,277,571 shares of the company traded hands, compared to its average volume of 1,661,941. The stock’s fifty day moving average price is $50.58 and its 200-day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year 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.