Brookstone Capital Management Has $49.36 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Brookstone Capital Management grew its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 974,449 shares of the company’s stock after acquiring an additional 15,850 shares during the quarter. Brookstone Capital Management’s holdings in iShares Treasury Floating Rate Bond ETF were worth $49,356,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in TFLO. Janney Montgomery Scott LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 0.5% during the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock worth $3,177,000 after purchasing an additional 291 shares during the period. Flagship Harbor Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 34.2% in the first quarter. Flagship Harbor Advisors LLC now owns 9,012 shares of the company’s stock valued at $457,000 after acquiring an additional 2,297 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 27.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 28,706 shares of the company’s stock worth $1,454,000 after purchasing an additional 6,267 shares during the last quarter. Valmark Advisers Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 17.2% in the 1st quarter. Valmark Advisers Inc. now owns 11,075 shares of the company’s stock worth $561,000 after purchasing an additional 1,625 shares during the last quarter. Finally, Professional Financial Advisors LLC raised its position in iShares Treasury Floating Rate Bond ETF by 5.5% in the 1st quarter. Professional Financial Advisors LLC now owns 55,395 shares of the company’s stock worth $2,806,000 after purchasing an additional 2,875 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

TFLO opened at $50.54 on Wednesday. The company has a fifty day moving average price of $50.52 and a two-hundred day moving average price of $50.55. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.69.

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.