J2 Capital Management Inc Has $24.49 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

J2 Capital Management Inc boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 80.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 483,683 shares of the company’s stock after buying an additional 214,936 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 16.8% of J2 Capital Management Inc’s portfolio, making the stock its biggest position. J2 Capital Management Inc owned about 0.36% of iShares Treasury Floating Rate Bond ETF worth $24,489,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of TFLO. Evolution Wealth Management Inc. acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $32,000. Core Wealth Advisors LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $53,000. Strive Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $55,000. Chapman Financial Group LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at about $59,000. Finally, Optima Capital LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $62,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

TFLO opened at $50.62 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.66. The business’s 50-day simple moving average is $50.57 and its 200 day simple moving average is $50.55.

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.