Verdence Capital Advisors LLC Buys New Position in iShares Treasury Floating Rate Bond ETF $TFLO

Verdence Capital Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 385,880 shares of the company’s stock, valued at approximately $19,553,000. iShares Treasury Floating Rate Bond ETF accounts for 0.8% of Verdence Capital Advisors LLC’s holdings, making the stock its 27th biggest holding. Verdence Capital Advisors LLC owned approximately 0.27% of iShares Treasury Floating Rate Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of TFLO. Flagship Harbor Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 17.4% during the third quarter. Flagship Harbor Advisors LLC now owns 16,112 shares of the company’s stock valued at $816,000 after purchasing an additional 2,385 shares during the period. Kingswood Wealth Advisors LLC increased its position in iShares Treasury Floating Rate Bond ETF by 9.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 21,523 shares of the company’s stock worth $1,091,000 after buying an additional 1,845 shares in the last quarter. Sigma Planning Corp bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $427,000. Anderson Hoagland & Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at approximately $21,810,000. Finally, James Investment Research Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.5% during the 3rd quarter. James Investment Research Inc. now owns 43,026 shares of the company’s stock valued at $2,180,000 after acquiring an additional 650 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.66 on Tuesday. The firm has a 50 day moving average of $50.59 and a 200 day moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67.

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.