IMG Wealth Management Inc. Acquires 10,121 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

IMG Wealth Management Inc. lifted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 589.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 11,837 shares of the company’s stock after purchasing an additional 10,121 shares during the period. IMG Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $600,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Schmidt P J Investment Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.1% in the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after purchasing an additional 226 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock worth $3,177,000 after purchasing an additional 291 shares during the last quarter. Endowment Wealth Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 10.5% in the second quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock worth $224,000 after purchasing an additional 421 shares during the last quarter. Smartleaf Asset Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the first quarter worth approximately $26,000. Finally, Pinnacle Financial Partners Inc grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.8% in the first quarter. Pinnacle Financial Partners Inc now owns 9,819 shares of the company’s stock worth $497,000 after purchasing an additional 536 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.53 on Tuesday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.69. The company’s 50 day moving average price is $50.52 and its 200-day moving average price is $50.55.

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.