Axxcess Wealth Management LLC Increases Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Axxcess Wealth Management LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,208,755 shares of the company’s stock after acquiring an additional 22,767 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 1.5% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Axxcess Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $61,006,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $28,000. Crewe Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $55,000. IMG Wealth Management Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $89,000. Principal Securities Inc. lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 56.6% in the 4th quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after purchasing an additional 826 shares during the period. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $130,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

NYSEARCA:TFLO opened at $50.59 on Tuesday. The company has a 50-day moving average price of $50.58 and a 200-day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.36 and a 12 month high of $50.71.

About iShares Treasury Floating Rate Bond ETF

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.