Parisi Gray Wealth Management Purchases New Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Parisi Gray Wealth Management acquired a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 40,908 shares of the company’s stock, valued at approximately $2,064,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Whittier Trust Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth about $28,000. Chapman Financial Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $59,000. GPS Wealth Strategies Group LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 99.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,404 shares of the company’s stock valued at $71,000 after buying an additional 700 shares during the last quarter. Addison Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 149.7% during the third quarter. Addison Advisors LLC now owns 2,035 shares of the company’s stock worth $103,000 after acquiring an additional 1,220 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter worth about $142,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO opened at $50.60 on Friday. The firm’s 50-day moving average price is $50.56 and its two-hundred day moving average price is $50.52. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67.

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.