Rinkey Investments increased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 10.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 819,788 shares of the company’s stock after purchasing an additional 74,289 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for 10.5% of Rinkey Investments’ portfolio, making the stock its largest position. Rinkey Investments owned about 0.65% of iShares Treasury Floating Rate Bond ETF worth $41,367,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in TFLO. Bank of America Corp DE boosted its holdings in iShares Treasury Floating Rate Bond ETF by 9.7% in the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after purchasing an additional 637,336 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in iShares Treasury Floating Rate Bond ETF by 2,963.4% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock worth $20,825,000 after purchasing an additional 399,224 shares during the last quarter. Arta Finance Wealth Management LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $13,930,000. Jane Street Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the second quarter worth approximately $11,961,000. Finally, Raymond James Financial Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF by 17.8% in the third quarter. Raymond James Financial Inc. now owns 1,029,362 shares of the company’s stock worth $52,075,000 after purchasing an additional 155,833 shares during the last quarter.
iShares Treasury Floating Rate Bond ETF Stock Performance
Shares of TFLO stock opened at $50.54 on Tuesday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67. The firm’s 50 day moving average is $50.56 and its 200 day moving average is $50.54.
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.
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