Foundry Financial LLC Increases Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Foundry Financial LLC boosted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 278.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,782 shares of the company’s stock after acquiring an additional 37,368 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 1.1% of Foundry Financial LLC’s holdings, making the stock its 20th biggest holding. Foundry Financial LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,571,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after purchasing an additional 637,336 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock worth $340,926,000 after purchasing an additional 426,615 shares during the last quarter. Mariner LLC lifted its position in shares of 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 purchasing an additional 32,589 shares during the last quarter. Wealthspire Advisors LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 18.3% during the 4th quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after purchasing an additional 266,825 shares during the last quarter. Finally, Northwest Quadrant Wealth Management LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 3.9% during the fourth quarter. Northwest Quadrant Wealth Management LLC now owns 1,099,096 shares of the company’s stock worth $55,460,000 after purchasing an additional 40,804 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.63 on Friday. The business’s fifty day moving average price is $50.57 and its 200 day moving average price is $50.55. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.66.

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.