Friedenthal Financial Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Friedenthal Financial lifted its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 9,732.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,742 shares of the company’s stock after purchasing an additional 84,870 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 2.2% of Friedenthal Financial’s holdings, making the stock its 14th largest holding. Friedenthal Financial owned approximately 0.06% of iShares Treasury Floating Rate Bond ETF worth $4,341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TFLO. J2 Capital Management Inc raised 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 worth $13,561,000 after acquiring an additional 20,357 shares in the last quarter. Elevation Capital Advisory LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $6,563,000. Arta Finance Wealth Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $13,930,000. Mutual Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.5% during the 4th quarter. Mutual Advisors LLC now owns 135,201 shares of the company’s stock valued at $6,822,000 after purchasing an additional 11,712 shares during the last quarter. Finally, Stash Investments LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.2% during the 4th quarter. Stash Investments LLC now owns 871,657 shares of the company’s stock valued at $43,984,000 after purchasing an additional 73,290 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Down 0.0%

Shares of NYSEARCA:TFLO opened at $50.60 on Thursday. The company’s fifty 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 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.