BNP Paribas Financial Markets Purchases 108,676 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

BNP Paribas Financial Markets grew its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 145.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 183,256 shares of the company’s stock after buying an additional 108,676 shares during the period. BNP Paribas Financial Markets owned approximately 0.13% of iShares Treasury Floating Rate Bond ETF worth $9,249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 12.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,825,400 shares of the company’s stock worth $92,128,000 after buying an additional 195,205 shares during the last quarter. SPC Financial Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF by 878.7% during the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock worth $80,762,000 after buying an additional 1,436,691 shares during the last quarter. Assetmark Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF by 0.4% during the fourth quarter. Assetmark Inc. now owns 1,515,103 shares of the company’s stock worth $76,467,000 after buying an additional 5,308 shares during the last quarter. Mariner LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 5.9% during the fourth quarter. Mariner LLC now owns 1,451,618 shares of the company’s stock worth $73,263,000 after buying an additional 81,307 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 1.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,208,755 shares of the company’s stock worth $61,006,000 after buying an additional 22,767 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.53 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The stock’s 50-day moving average price is $50.56 and its two-hundred day moving average price is $50.55.

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.