IMG Wealth Management Inc. Invests $89,000 in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

IMG Wealth Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,755 shares of the company’s stock, valued at approximately $89,000.

A number of other large investors have also recently made changes to their positions in TFLO. Stratos Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $479,000. BIP Wealth LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 19.5% in the 3rd quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 190.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock valued at $3,774,000 after purchasing an additional 48,944 shares during the period. WESCAP Management Group Inc. lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.2% in the 3rd quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock valued at $14,420,000 after purchasing an additional 3,502 shares during the period. Finally, Coldstream Capital Management Inc. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at approximately $203,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO opened at $50.58 on Monday. The business has a 50 day moving average of $50.58 and a 200-day moving average of $50.54. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71.

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.