Littlejohn Financial Services Inc. Purchases New Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Littlejohn Financial Services Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 91,932 shares of the company’s stock, valued at approximately $4,640,000. iShares Treasury Floating Rate Bond ETF comprises approximately 4.2% of Littlejohn Financial Services Inc.’s portfolio, making the stock its 6th biggest holding. Littlejohn Financial Services Inc. owned 0.07% of iShares Treasury Floating Rate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Portfolio Design Labs LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 19.5% in the 4th quarter. Portfolio Design Labs LLC now owns 616,781 shares of the company’s stock valued at $31,129,000 after acquiring an additional 100,781 shares during the last quarter. Sovran Advisors LLC bought a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $5,396,000. Stonebridge Financial Group LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $10,289,000. Focus Financial Network Inc. increased its position in iShares Treasury Floating Rate Bond ETF by 16.3% during the fourth quarter. Focus Financial Network Inc. now owns 60,537 shares of the company’s stock valued at $3,055,000 after acquiring an additional 8,491 shares during the last quarter. Finally, Elevation Wealth Partners LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $499,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.57 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 firm has a 50-day moving average price of $50.53 and a 200-day moving average price of $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.