iShares Treasury Floating Rate Bond ETF $TFLO is Beacon Financial Group’s 6th Largest Position

Beacon Financial Group increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 432,582 shares of the company’s stock after buying an additional 63,231 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 2.2% of Beacon Financial Group’s investment portfolio, making the stock its 6th biggest holding. Beacon Financial Group owned 0.33% of iShares Treasury Floating Rate Bond ETF worth $21,884,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth about $26,000. Robbins Farley acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $30,000. Independence Bank of Kentucky acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $30,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after purchasing an additional 503 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth about $39,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.54 on Thursday. The business’s 50 day moving average price is $50.52 and its 200 day moving average price is $50.54. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.69.

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.