iShares Treasury Floating Rate Bond ETF $TFLO is Arbor Investment Advisors LLC’s 4th Largest Position

Arbor Investment Advisors LLC raised its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,337,826 shares of the company’s stock after purchasing an additional 102,751 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 8.8% of Arbor Investment Advisors LLC’s holdings, making the stock its 4th biggest holding. Arbor Investment Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $67,734,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TFLO. J2 Capital Management Inc increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 8.2% during the fourth quarter. J2 Capital Management Inc now owns 268,747 shares of the company’s stock valued at $13,561,000 after buying an additional 20,357 shares during the period. Elevation Capital Advisory LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $6,563,000. Arta Finance Wealth Management LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $13,930,000. Mutual Advisors LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 9.5% in the 4th quarter. Mutual Advisors LLC now owns 135,201 shares of the company’s stock worth $6,822,000 after purchasing an additional 11,712 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth approximately $2,134,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.52 on Monday. The company’s 50 day moving average is $50.57 and its 200 day moving average is $50.55. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.66.

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.