Mutual Advisors LLC Has $10.18 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Mutual Advisors LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 7.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 201,002 shares of the company’s stock after buying an additional 13,817 shares during the quarter. Mutual Advisors LLC owned 0.15% of iShares Treasury Floating Rate Bond ETF worth $10,177,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.1% in the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after acquiring an additional 226 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock valued at $3,177,000 after purchasing an additional 291 shares during the last quarter. Institute for Wealth Management LLC. increased its position in iShares Treasury Floating Rate Bond ETF by 4.9% during the 1st quarter. Institute for Wealth Management LLC. now owns 8,371 shares of the company’s stock worth $424,000 after purchasing an additional 393 shares in the last quarter. Endowment Wealth Management Inc. increased its position in iShares Treasury Floating Rate Bond ETF by 10.5% during the 2nd quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock worth $224,000 after purchasing an additional 421 shares in the last quarter. Finally, Smartleaf Asset Management LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at approximately $26,000.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.49 on Wednesday. The firm’s fifty day moving average price is $50.53 and its two-hundred day moving average price is $50.55. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.36 and a fifty-two week high of $50.69.

iShares Treasury Floating Rate Bond ETF 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.