MFA Wealth Services Invests $1.05 Million in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MFA Wealth Services acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 20,810 shares of the company’s stock, valued at approximately $1,050,000.

Several other institutional investors have also added to or reduced their stakes in TFLO. Physician Wealth Advisors Inc. increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.9% in the third quarter. Physician Wealth Advisors Inc. now owns 10,616 shares of the company’s stock worth $536,000 after purchasing an additional 198 shares in the last quarter. Merit Financial Group LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 2.9% in the 4th quarter. Merit Financial Group LLC now owns 13,728 shares of the company’s stock worth $693,000 after buying an additional 392 shares during the period. D.A. Davidson & CO. grew its stake in iShares Treasury Floating Rate Bond ETF by 7.8% in the 3rd quarter. D.A. Davidson & CO. now owns 5,799 shares of the company’s stock valued at $293,000 after buying an additional 421 shares in the last quarter. Lifeworks Advisors LLC raised its holdings in iShares Treasury Floating Rate Bond ETF by 11.9% during the 3rd quarter. Lifeworks Advisors LLC now owns 4,518 shares of the company’s stock valued at $229,000 after acquiring an additional 481 shares during the period. Finally, PBMares Wealth Management LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.5% during the third quarter. PBMares Wealth Management LLC now owns 8,147 shares of the company’s stock worth $412,000 after acquiring an additional 500 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.61 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The stock’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.53.

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.