Strait & Sound Wealth Management LLC Acquires 523 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Strait & Sound Wealth Management LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,837 shares of the company’s stock after acquiring an additional 523 shares during the quarter. Strait & Sound Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the first quarter worth about $26,000. Robbins Farley bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at about $30,000. Independence Bank of Kentucky bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at about $30,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $39,000. Finally, Rossby Financial LCC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the first quarter worth approximately $78,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of TFLO stock opened at $50.56 on Friday. The firm’s 50 day moving average price is $50.52 and its two-hundred day moving average price 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.

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.