135,668 Shares of iShares Treasury Floating Rate Bond ETF $TFLO Bought by Montecito Bank & Trust

Montecito Bank & Trust purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 135,668 shares of the company’s stock, valued at approximately $6,874,000. iShares Treasury Floating Rate Bond ETF comprises 1.0% of Montecito Bank & Trust’s investment portfolio, making the stock its 25th largest position. Montecito Bank & Trust owned approximately 0.10% of iShares Treasury Floating Rate Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $32,000. Compass Financial Management LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at $32,000. MV Capital Management Inc. bought a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $120,000. Ascent Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter valued at $155,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in iShares Treasury Floating Rate Bond ETF by 44.6% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 3,969 shares of the company’s stock worth $201,000 after acquiring an additional 1,225 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO traded down $0.16 during mid-day trading on Thursday, reaching $50.51. 3,276,600 shares of the stock were exchanged, compared to its average volume of 1,642,832. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67. The company has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $50.58.

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.