GSB Wealth Management LLC Purchases 7,815 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

GSB Wealth Management LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 41.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 26,465 shares of the company’s stock after acquiring an additional 7,815 shares during the period. GSB Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,341,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TFLO. Legacy Investment Solutions LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $47,000. CX Institutional purchased a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter valued at about $59,000. Fifth Third Bancorp purchased a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter valued at about $83,000. IMG Wealth Management Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $89,000. Finally, Principal Securities Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 56.6% during the 4th quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock valued at $115,000 after buying an additional 826 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

TFLO stock opened at $50.58 on Wednesday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.36 and a twelve month high of $50.69. The stock has a 50-day simple moving average of $50.56 and a two-hundred day simple moving average of $50.55.

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.