Worth Asset Management LLC Invests $8.84 Million in iShares Treasury Floating Rate Bond ETF $TFLO

Worth Asset Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 174,572 shares of the company’s stock, valued at approximately $8,839,000. iShares Treasury Floating Rate Bond ETF comprises 3.3% of Worth Asset Management LLC’s holdings, making the stock its 3rd largest holding. Worth Asset Management LLC owned 0.13% of iShares Treasury Floating Rate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares during the last quarter. LPL Financial LLC grew its position in shares of 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 in the last quarter. Mariner LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 1.9% in the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock valued at $88,137,000 after purchasing an additional 32,589 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.3% in the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock valued at $87,015,000 after purchasing an additional 266,825 shares during the last quarter. Finally, Northwest Quadrant Wealth Management LLC increased its holdings in shares of 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 valued at $55,460,000 after purchasing an additional 40,804 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.60 on Tuesday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.66. The business’s 50 day moving average price is $50.57 and its 200 day moving average price is $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.