iShares Treasury Floating Rate Bond ETF $TFLO is Milestone Asset Management LLC’s 4th Largest Position

Milestone Asset Management LLC increased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 170.0% during the 3rd quarter, Holdings Channel reports. The firm owned 502,992 shares of the company’s stock after acquiring an additional 316,702 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 4.8% of Milestone Asset Management LLC’s investment portfolio, making the stock its 4th largest holding. Milestone Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $25,446,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TFLO. Lido Advisors LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.7% during the second quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock valued at $409,000 after buying an additional 213 shares during the period. Schmidt P J Investment Management Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF by 5.1% in the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after acquiring an additional 226 shares during the period. Tactive Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 4.2% during the 3rd quarter. Tactive Advisors LLC now owns 5,983 shares of the company’s stock worth $303,000 after acquiring an additional 241 shares in the last quarter. Endowment Wealth Management Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 10.5% during the 2nd quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock worth $224,000 after acquiring an additional 421 shares in the last quarter. Finally, IHT Wealth Management LLC increased its position in iShares Treasury Floating Rate Bond ETF by 3.2% during the 2nd quarter. IHT Wealth Management LLC now owns 14,923 shares of the company’s stock valued at $756,000 after purchasing an additional 462 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO opened at $50.42 on Thursday. The firm has a 50-day simple moving average of $50.51 and a 200-day simple moving average of $50.53. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.69.

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.