iShares Treasury Floating Rate Bond ETF $TFLO Shares Bought by Money Concepts Capital Corp

Money Concepts Capital Corp grew its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 48.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 61,232 shares of the company’s stock after buying an additional 19,874 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,100,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Evolution Wealth Management Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $32,000. Core Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $53,000. Strive Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $55,000. Chapman Financial Group LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $59,000. Finally, Optima Capital LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $62,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of iShares Treasury Floating Rate Bond ETF stock traded up $0.02 during trading on Friday, hitting $50.55. 1,405,880 shares of the stock were exchanged, compared to its average volume of 1,653,305. The firm’s 50-day moving average price is $50.56 and its 200 day moving average price is $50.55. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.66.

About iShares Treasury Floating Rate Bond ETF

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.