BTS Asset Management Inc. Has $735,000 Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

BTS Asset Management Inc. grew its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 35.8% in the 4th quarter, HoldingsChannel reports. The fund owned 14,558 shares of the company’s stock after buying an additional 3,840 shares during the period. iShares Treasury Floating Rate Bond ETF makes up about 0.6% of BTS Asset Management Inc.’s holdings, making the stock its 10th biggest holding. BTS Asset Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $735,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 732.3% during the third quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock worth $1,490,106,000 after buying an additional 25,839,099 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 113.7% during the third quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock worth $595,509,000 after buying an additional 6,243,626 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter worth $188,259,000. Morgan Stanley grew its holdings in iShares Treasury Floating Rate Bond ETF by 86.4% during the third quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after buying an additional 3,465,283 shares in the last quarter. Finally, CWM LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 405.6% during the third quarter. CWM LLC now owns 4,031,492 shares of the company’s stock worth $204,558,000 after buying an additional 3,234,181 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.1 %

iShares Treasury Floating Rate Bond ETF stock traded up $0.04 during trading on Wednesday, hitting $50.70. 781,130 shares of the company were exchanged, compared to its average volume of 3,293,068. The business’s 50 day moving average is $50.60 and its 200 day moving average is $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.