SPC Financial Inc. grew its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 151.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,406,426 shares of the company’s stock after buying an additional 846,162 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for about 6.0% of SPC Financial Inc.’s holdings, making the stock its largest position. SPC Financial Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $71,235,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 1st quarter worth $26,000. Independence Bank of Kentucky acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $30,000. Robbins Farley acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $30,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $39,000. Finally, CX Institutional acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 1st quarter worth $59,000.
iShares Treasury Floating Rate Bond ETF Stock Performance
NYSEARCA TFLO opened at $50.49 on Friday. The company’s fifty day moving average is $50.53 and its two-hundred day moving average is $50.55. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.69.
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.
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Want to see what other hedge funds are holding TFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report).
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