Ifrah Financial Services Inc. Has $24.80 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Ifrah Financial Services Inc. boosted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 491,320 shares of the company’s stock after acquiring an additional 8,651 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for about 6.9% of Ifrah Financial Services Inc.’s holdings, making the stock its biggest position. Ifrah Financial Services Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $24,797,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Planning increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 16.5% in the third quarter. Creative Planning now owns 147,737 shares of the company’s stock worth $7,475,000 after acquiring an additional 20,883 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $310,000. Stash Investments LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.9% in the third quarter. Stash Investments LLC now owns 588,126 shares of the company’s stock worth $29,759,000 after acquiring an additional 53,050 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 31.3% in the third quarter. Private Advisor Group LLC now owns 455,307 shares of the company’s stock worth $23,039,000 after acquiring an additional 108,547 shares in the last quarter. Finally, Community Trust & Investment Co. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $606,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.60 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The business has a 50-day moving average of $50.53 and a two-hundred day moving average 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.