Redmont Wealth Advisors LLC Buys New Shares in iShares Treasury Floating Rate Bond ETF $TFLO

Redmont Wealth Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the third quarter, Holdings Channel.com reports. The firm bought 12,852 shares of the company’s stock, valued at approximately $650,000.

Several other large investors have also added to or reduced their stakes in TFLO. Lido Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.7% in the second quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock worth $409,000 after purchasing an additional 213 shares during the last quarter. Tactive Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.2% in the 3rd quarter. Tactive Advisors LLC now owns 5,983 shares of the company’s stock worth $303,000 after buying an additional 241 shares during the period. Grey Ledge Advisors LLC raised its position in iShares Treasury Floating Rate Bond ETF by 1.4% during the 3rd quarter. Grey Ledge Advisors LLC now owns 22,300 shares of the company’s stock worth $1,128,000 after buying an additional 300 shares during the last quarter. Stratos Wealth Advisors LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 2.8% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 13,212 shares of the company’s stock valued at $668,000 after acquiring an additional 356 shares during the period. Finally, ORG Partners LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 0.6% during the 3rd quarter. ORG Partners LLC now owns 60,934 shares of the company’s stock valued at $3,083,000 after acquiring an additional 384 shares during the period.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

NYSEARCA:TFLO opened at $50.58 on Thursday. The company’s fifty day moving average price is $50.52 and its 200-day moving average price is $50.52. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.67.

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.