Brookstone Capital Management Raises Stock Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Brookstone Capital Management raised its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,001,612 shares of the company’s stock after buying an additional 27,163 shares during the period. Brookstone Capital Management’s holdings in iShares Treasury Floating Rate Bond ETF were worth $50,672,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the first quarter valued at about $26,000. Robbins Farley bought a new position in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at approximately $30,000. Independence Bank of Kentucky purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $30,000. GPS Wealth Strategies Group LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after buying an additional 503 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $39,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.42 on Thursday. The business has a 50 day moving average of $50.51 and a 200 day moving average of $50.53. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.69.

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.