Omnitrust Wealth Management Inc Invests $8.57 Million in iShares Treasury Floating Rate Bond ETF $TFLO

Omnitrust Wealth Management Inc bought a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 169,924 shares of the company’s stock, valued at approximately $8,574,000. iShares Treasury Floating Rate Bond ETF accounts for 10.9% of Omnitrust Wealth Management Inc’s holdings, making the stock its 2nd largest holding. Omnitrust Wealth Management Inc owned approximately 0.13% of iShares Treasury Floating Rate Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cyr Financial Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.8% during the 4th quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock worth $217,000 after purchasing an additional 198 shares during the last quarter. BTS Asset Management Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 1.1% during the 3rd quarter. BTS Asset Management Inc. now owns 18,084 shares of the company’s stock worth $915,000 after purchasing an additional 203 shares during the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 1.1% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 19,975 shares of the company’s stock worth $1,010,000 after purchasing an additional 216 shares during the last quarter. Darden Wealth Group Inc increased its holdings in iShares Treasury Floating Rate Bond ETF by 1.4% during the 4th quarter. Darden Wealth Group Inc now owns 23,761 shares of the company’s stock worth $1,199,000 after purchasing an additional 326 shares during the last quarter. Finally, Lido Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.1% during the 4th quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock worth $431,000 after purchasing an additional 339 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.51 on Monday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.66. The stock’s 50 day moving average is $50.56 and its two-hundred day moving average is $50.54.

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.