Strategic Financial Concepts LLC Has $24.48 Million Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Strategic Financial Concepts LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4,069.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 485,129 shares of the company’s stock after buying an additional 473,495 shares during the quarter. Strategic Financial Concepts LLC owned about 0.36% of iShares Treasury Floating Rate Bond ETF worth $24,484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TFLO. Oxbow Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 59.6% in the third quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock valued at $135,424,000 after purchasing an additional 999,068 shares during the last quarter. Optivise Advisory Services LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $33,973,000. Portfolio Design Labs LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 377.0% in the 3rd quarter. Portfolio Design Labs LLC now owns 516,000 shares of the company’s stock valued at $26,110,000 after acquiring an additional 407,824 shares during the period. J2 Capital Management Inc bought a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth approximately $17,111,000. Finally, Ascent Group LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 475.5% during the third quarter. Ascent Group LLC now owns 341,911 shares of the company’s stock valued at $17,301,000 after purchasing an additional 282,502 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO opened at $50.55 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.36 and a 12 month high of $50.71. The company has a fifty day simple moving average of $50.52 and a 200 day simple moving average of $50.53.

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.