Stonebrook Private Inc. Takes $2.68 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Stonebrook Private Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 53,019 shares of the company’s stock, valued at approximately $2,676,000.

Several other large investors have also modified their holdings of TFLO. Aspire Private Capital LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at $436,000. Financial Gravity Asset Management Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4,583.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 693,124 shares of the company’s stock valued at $35,169,000 after buying an additional 678,324 shares during the period. Day & Ennis LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 21.2% in the 4th quarter. Day & Ennis LLC now owns 93,409 shares of the company’s stock valued at $4,714,000 after buying an additional 16,309 shares during the period. Schmidt P J Investment Management Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $257,000. Finally, Retirement Planning Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $4,403,000.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO traded up $0.02 during trading hours on Friday, hitting $50.67. 1,523,873 shares of the company were exchanged, compared to its average volume of 2,944,155. The company has a 50 day moving average of $50.59 and a two-hundred day moving average of $50.59. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.37 and a 52-week high of $50.76.

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.