iShares Treasury Floating Rate Bond ETF $TFLO Shares Newly Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 36,687 shares of the company’s stock, valued at approximately $1,859,000.

Several other hedge funds have also recently modified their holdings of the company. Kestra Advisory Services LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 13.5% in the third quarter. Kestra Advisory Services LLC now owns 50,367 shares of the company’s stock valued at $2,552,000 after acquiring an additional 5,996 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter worth $15,563,000. Schmidt P J Investment Management Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter worth $481,000. Ascent Group LLC lifted its holdings in iShares Treasury Floating Rate Bond ETF by 6.6% during the third quarter. Ascent Group LLC now owns 383,674 shares of the company’s stock worth $19,441,000 after acquiring an additional 23,847 shares during the period. Finally, Compass Financial Management LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 362.0% in the third quarter. Compass Financial Management LLC now owns 2,906 shares of the company’s stock worth $147,000 after purchasing an additional 2,277 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO stock opened at $50.55 on Friday. The stock’s fifty day simple moving average is $50.59 and its two-hundred day simple moving average is $50.58. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.71.

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.