WCG Wealth Advisors LLC Makes New $730,000 Investment in iShares Treasury Floating Rate Bond ETF $TFLO

WCG Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 14,470 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TFLO. Goldman Sachs Group Inc. raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 134.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after buying an additional 17,265 shares during the last quarter. Baird Financial Group Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $265,000. Brown Advisory Inc. increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 90.0% during the 2nd quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock valued at $385,000 after acquiring an additional 3,600 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $11,961,000. Finally, Bank of America Corp DE grew its stake in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after buying an additional 637,336 shares during the period.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

TFLO opened at $50.51 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 company has a 50 day moving average of $50.56 and a two-hundred day moving average of $50.54.

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.