iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Position Raised by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 13.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,397,527 shares of the company’s stock after purchasing an additional 165,783 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $70,533,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TFLO. Cullen Frost Bankers Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth approximately $25,000. Atticus Wealth Management LLC acquired a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth approximately $30,000. North Star Investment Management Corp. acquired a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $33,000. NBC Securities Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth approximately $66,000. Finally, Fifth Third Bancorp grew its position in iShares Treasury Floating Rate Bond ETF by 545.7% in the fourth quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after buying an additional 1,457 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock remained flat at $50.51 during mid-day trading on Friday. 1,511,244 shares of the company’s stock traded hands, compared to its average volume of 2,911,807. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76. The firm’s fifty day simple moving average is $50.58 and its two-hundred day simple moving average is $50.58.

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.