123,099 Shares in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Bought by SVB Wealth LLC

SVB Wealth LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 123,099 shares of the company’s stock, valued at approximately $6,213,000. SVB Wealth LLC owned approximately 0.09% of iShares Treasury Floating Rate Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cedar Mountain Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $28,000. Crewe Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $55,000. Principal Securities Inc. lifted its position in iShares Treasury Floating Rate Bond ETF by 56.6% during the 4th quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after buying an additional 826 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $130,000. Finally, EP Wealth Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $191,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO opened at $50.67 on Friday. The business’s 50-day simple moving average is $50.56 and its 200 day simple moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71.

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.