ShoreHaven Wealth Partners LLC Boosts Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

ShoreHaven Wealth Partners LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 375.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 24,166 shares of the company’s stock after buying an additional 19,078 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,220,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sovereign Financial Group Inc. lifted its holdings in iShares Treasury Floating Rate Bond ETF by 7.7% in the fourth quarter. Sovereign Financial Group Inc. now owns 16,992 shares of the company’s stock worth $858,000 after purchasing an additional 1,219 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $454,000. Lincoln National Corp increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 168.9% in the fourth quarter. Lincoln National Corp now owns 24,803 shares of the company’s stock worth $1,252,000 after acquiring an additional 15,580 shares during the last quarter. Private Advisor Group LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 70.3% during the fourth quarter. Private Advisor Group LLC now owns 667,034 shares of the company’s stock valued at $33,665,000 after purchasing an additional 275,419 shares during the last quarter. Finally, Spire Wealth Management raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 21.6% during the 4th quarter. Spire Wealth Management now owns 295,295 shares of the company’s stock worth $14,948,000 after purchasing an additional 52,543 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO traded down $0.01 during trading on Wednesday, reaching $50.53. The company’s stock had a trading volume of 1,955,099 shares, compared to its average volume of 2,892,835. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.37 and a 1-year high of $50.76. The business has a 50-day moving average price of $50.58 and a 200-day moving average price of $50.58.

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.