Cardinal Point Capital Management ULC Has $26.06 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Cardinal Point Capital Management ULC raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 32.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 514,649 shares of the company’s stock after purchasing an additional 125,727 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 1.6% of Cardinal Point Capital Management ULC’s portfolio, making the stock its 18th biggest holding. Cardinal Point Capital Management ULC owned 0.38% of iShares Treasury Floating Rate Bond ETF worth $26,057,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after acquiring an additional 637,336 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after buying an additional 426,615 shares in the last quarter. Mariner LLC increased its position in iShares Treasury Floating Rate Bond ETF by 1.9% during the 3rd quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after buying an additional 32,589 shares during the period. Wealthspire Advisors LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.3% during the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after buying an additional 266,825 shares in the last quarter. Finally, Northwest Quadrant Wealth Management LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 3.9% in the fourth quarter. Northwest Quadrant Wealth Management LLC now owns 1,099,096 shares of the company’s stock valued at $55,460,000 after acquiring an additional 40,804 shares during the period.

iShares Treasury Floating Rate Bond ETF Trading Down 0.0%

Shares of TFLO stock opened at $50.60 on Thursday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.66. The stock has a 50 day simple moving average of $50.57 and a 200 day simple moving average of $50.55.

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.