BIP Wealth LLC Has $65.97 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

BIP Wealth LLC lessened its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 13.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,303,001 shares of the company’s stock after selling 194,556 shares during the period. iShares Treasury Floating Rate Bond ETF comprises approximately 2.7% of BIP Wealth LLC’s holdings, making the stock its 5th biggest holding. BIP Wealth LLC owned about 0.98% of iShares Treasury Floating Rate Bond ETF worth $65,971,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth about $329,000. Capital Asset Advisory Services LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 17.4% during the first quarter. Capital Asset Advisory Services LLC now owns 1,182,871 shares of the company’s stock worth $59,818,000 after purchasing an additional 175,263 shares in the last quarter. Foundry Financial LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 278.6% during the first quarter. Foundry Financial LLC now owns 50,782 shares of the company’s stock valued at $2,571,000 after purchasing an additional 37,368 shares during the last quarter. MFA Wealth Services grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 3.3% during the first quarter. MFA Wealth Services now owns 25,829 shares of the company’s stock valued at $1,308,000 after purchasing an additional 816 shares during the last quarter. Finally, Yoder Wealth Management Inc. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 47.6% in the first quarter. Yoder Wealth Management Inc. now owns 78,352 shares of the company’s stock valued at $3,967,000 after purchasing an additional 25,257 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.52 on Friday. The stock’s fifty day moving average price is $50.57 and its two-hundred day moving average price 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 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.