Sovran Advisors LLC Has $8.20 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Sovran Advisors LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 15.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 162,275 shares of the company’s stock after buying an additional 22,253 shares during the quarter. Sovran Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $8,200,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Cyr Financial Inc. lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 4.8% in the 4th quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock valued at $217,000 after purchasing an additional 198 shares during the period. BTS Asset Management Inc. grew its stake in iShares Treasury Floating Rate Bond ETF by 1.1% during the third quarter. BTS Asset Management Inc. now owns 18,084 shares of the company’s stock worth $915,000 after purchasing an additional 203 shares during the period. Lido Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 2.7% in the second quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock worth $409,000 after purchasing an additional 213 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 1.1% in the third quarter. Thoroughbred Financial Services LLC now owns 19,975 shares of the company’s stock worth $1,010,000 after purchasing an additional 216 shares in the last quarter. Finally, Tactive Advisors LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 4.2% in the third quarter. Tactive Advisors LLC now owns 5,983 shares of the company’s stock valued at $303,000 after buying an additional 241 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.51 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67. The business’s 50 day moving average price is $50.56 and its two-hundred day moving average price is $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.