Rinkey Investments lifted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 20.6% during the second quarter, HoldingsChannel.com reports. The fund owned 961,211 shares of the company’s stock after buying an additional 164,450 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 11.0% of Rinkey Investments’ investment portfolio, making the stock its biggest holding. Rinkey Investments’ holdings in iShares Treasury Floating Rate Bond ETF were worth $48,666,000 as of its most recent filing with the SEC.
A number of other large investors have also recently modified their holdings of TFLO. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 134.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after buying an additional 17,265 shares during the period. Baird Financial Group Inc. bought a new position in iShares Treasury Floating Rate Bond ETF in the second quarter worth about $265,000. Brown Advisory Inc. lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 90.0% during the second quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock valued at $385,000 after buying an additional 3,600 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at about $11,961,000. Finally, Bank of America Corp DE lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after buying an additional 637,336 shares during the last quarter.
iShares Treasury Floating Rate Bond ETF Price Performance
Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.65 on Tuesday. The firm’s 50 day moving average price is $50.59 and its 200-day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67.
iShares Treasury Floating Rate Bond ETF Company 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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