Capital Asset Advisory Services LLC Buys 175,263 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Capital Asset Advisory Services LLC grew its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,182,871 shares of the company’s stock after buying an additional 175,263 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 2.1% of Capital Asset Advisory Services LLC’s holdings, making the stock its 10th biggest position. Capital Asset Advisory Services LLC owned 0.89% of iShares Treasury Floating Rate Bond ETF worth $59,818,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TFLO. AlphaCore Capital LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $42,267,000. Bank of America Corp DE raised its stake in 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 worth $363,621,000 after acquiring an additional 637,336 shares during the last quarter. LPL Financial LLC lifted its position in 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 acquiring an additional 426,615 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in iShares Treasury Floating Rate Bond ETF by 2,963.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock worth $20,825,000 after acquiring an additional 399,224 shares during the period. Finally, Arta Finance Wealth Management LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $13,930,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.50 on Thursday. The stock’s 50-day simple moving average is $50.57 and its 200-day simple moving average is $50.55. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week 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.