Global Assets Advisory LLC Makes New Investment in iShares Treasury Floating Rate Bond ETF $TFLO

Global Assets Advisory LLC purchased a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,764 shares of the company’s stock, valued at approximately $602,000.

A number of other institutional investors also recently modified their holdings of TFLO. Diversify Wealth Management LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the first quarter worth $584,000. Fifth Third Bancorp boosted its position in iShares Treasury Floating Rate Bond ETF by 1,237.0% during the first quarter. Fifth Third Bancorp now owns 31,179 shares of the company’s stock valued at $1,579,000 after acquiring an additional 28,847 shares during the last quarter. Sovran Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 2.4% during the 1st quarter. Sovran Advisors LLC now owns 166,110 shares of the company’s stock worth $8,410,000 after acquiring an additional 3,835 shares during the period. Beacon Financial Group grew its holdings in iShares Treasury Floating Rate Bond ETF by 0.8% during the 1st quarter. Beacon Financial Group now owns 449,808 shares of the company’s stock worth $22,774,000 after acquiring an additional 3,645 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 3.0% in the 1st quarter. Kestra Advisory Services LLC now owns 52,249 shares of the company’s stock worth $2,645,000 after acquiring an additional 1,542 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of iShares Treasury Floating Rate Bond ETF stock traded up $0.02 on Friday, hitting $50.55. 1,405,880 shares of the company’s stock traded hands, compared to its average volume of 1,653,305. The company has a fifty day moving average of $50.56 and a two-hundred day moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year 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.