iShares Treasury Floating Rate Bond ETF $TFLO Shares Acquired by St. Louis Financial Planners Asset Management LLC

St. Louis Financial Planners Asset Management LLC increased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 110.5% during the 3rd quarter, Holdings Channel reports. The fund owned 129,470 shares of the company’s stock after purchasing an additional 67,957 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 2.8% of St. Louis Financial Planners Asset Management LLC’s investment portfolio, making the stock its 3rd biggest position. St. Louis Financial Planners Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $6,549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in iShares Treasury Floating Rate Bond ETF by 33.0% in the first quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after purchasing an additional 1,920,892 shares during the period. Financial Advisory Corp increased its holdings in iShares Treasury Floating Rate Bond ETF by 6.4% during the 2nd quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock worth $80,505,000 after purchasing an additional 95,596 shares during the period. Arbor Investment Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 8.3% during the 1st quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock worth $67,734,000 after purchasing an additional 102,751 shares during the period. Capital Asset Advisory Services LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 17.4% during the 1st 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 during the period. Finally, Brookstone Capital Management raised its position in iShares Treasury Floating Rate Bond ETF by 6.2% in the 1st quarter. Brookstone Capital Management now owns 1,065,200 shares of the company’s stock valued at $53,931,000 after purchasing an additional 62,529 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO stock traded up $0.02 during mid-day trading on Friday, reaching $50.62. The company had a trading volume of 1,462,823 shares, compared to its average volume of 1,665,391. The firm has a fifty day simple moving average of $50.58 and a 200 day simple moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67.

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.