iShares Treasury Floating Rate Bond ETF $TFLO Stock Purchased by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 36.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 302,125 shares of the company’s stock after purchasing an additional 80,959 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 3.7% of Elmwood Wealth Management Inc.’s holdings, making the stock its 2nd biggest position. Elmwood Wealth Management Inc. owned approximately 0.22% of iShares Treasury Floating Rate Bond ETF worth $15,309,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TFLO. Compass Financial Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $32,000. MV Capital Management Inc. bought a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $120,000. Ascent Advisors LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 1st quarter valued at $155,000. Legacy Wealth Managment LLC ID boosted its stake 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 valued at $201,000 after purchasing an additional 1,225 shares during the last quarter. Finally, BDFS Capital LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $210,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Treasury Floating Rate Bond ETF stock traded up $0.02 on Wednesday, reaching $50.59. The company’s stock had a trading volume of 1,886,990 shares, compared to its average volume of 1,658,739. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.67. The firm’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $50.57.

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.