MN Wealth Advisors LLC Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MN Wealth Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 93.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,084 shares of the company’s stock after purchasing an additional 16,477 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 1.0% of MN Wealth Advisors LLC’s portfolio, making the stock its 24th largest holding. MN Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,720,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TFLO. Oxbow Advisors LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 59.6% during the 3rd quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock valued at $135,424,000 after buying an additional 999,068 shares during the period. Optivise Advisory Services LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at approximately $33,973,000. Strategic Financial Concepts LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 4,069.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock valued at $24,484,000 after buying an additional 473,495 shares during the period. Portfolio Design Labs LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 377.0% during the 3rd quarter. Portfolio Design Labs LLC now owns 516,000 shares of the company’s stock valued at $26,110,000 after buying an additional 407,824 shares during the period. Finally, J2 Capital Management Inc purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at approximately $17,111,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.1 %

TFLO stock opened at $50.60 on Friday. The firm’s 50 day moving average price is $50.53 and its 200-day moving average price is $50.53. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.71.

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.