iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Acquired by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. grew its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 16.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 74,185 shares of the company’s stock after purchasing an additional 10,489 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,758,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Able Wealth Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $628,000. Morningstar Investment Services LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 255.9% in the 4th quarter. Morningstar Investment Services LLC now owns 44,546 shares of the company’s stock valued at $2,248,000 after buying an additional 32,029 shares during the period. Portfolio Design Labs LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $16,377,000. Orion Portfolio Solutions LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 29.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 409,824 shares of the company’s stock valued at $20,700,000 after purchasing an additional 93,132 shares in the last quarter. Finally, BCU Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $896,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.46 on Monday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.37 and a twelve month high of $50.76. The business has a 50-day moving average price of $50.54 and a 200 day moving average price of $50.57.

iShares Treasury Floating Rate Bond ETF 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.