Sankala Group LLC Takes $7.28 Million Position in iShares Treasury Floating Rate Bond ETF $TFLO

Sankala Group LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 143,885 shares of the company’s stock, valued at approximately $7,283,000. iShares Treasury Floating Rate Bond ETF comprises 6.0% of Sankala Group LLC’s portfolio, making the stock its biggest holding. Sankala Group LLC owned approximately 0.11% of iShares Treasury Floating Rate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in TFLO. Bank of America Corp DE grew its stake in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after buying an additional 637,336 shares during the period. LPL Financial LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after purchasing an additional 426,615 shares during the last quarter. Mariner LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 1.9% during the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after buying an additional 32,589 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 18.3% during the 4th quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after acquiring an additional 266,825 shares in the last quarter. Finally, Northwest Quadrant Wealth Management LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 3.9% in the fourth quarter. Northwest Quadrant Wealth Management LLC now owns 1,099,096 shares of the company’s stock worth $55,460,000 after purchasing an additional 40,804 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.59 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.66. The company has a fifty day moving average price of $50.56 and a two-hundred day moving average price of $50.54.

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.