iShares Treasury Floating Rate Bond ETF $TFLO is BIP Wealth LLC’s 5th Largest Position

BIP Wealth LLC reduced its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,499,531 shares of the company’s stock after selling 313,786 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for 2.8% of BIP Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. BIP Wealth LLC owned about 1.17% of iShares Treasury Floating Rate Bond ETF worth $75,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5,146.9% during the second quarter. Laurel Wealth Advisors LLC now owns 25,370,114 shares of the company’s stock worth $1,284,996,000 after purchasing an additional 24,886,588 shares during the period. SPC Financial Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 151.0% during the 2nd quarter. SPC Financial Inc. now owns 1,406,426 shares of the company’s stock worth $71,235,000 after buying an additional 846,162 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after acquiring an additional 637,336 shares during the period. Walker Financial Services Inc. lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 570.0% in the 3rd quarter. Walker Financial Services Inc. now owns 546,341 shares of the company’s stock worth $27,639,000 after acquiring an additional 464,796 shares during the period. Finally, Global Retirement Partners LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $20,841,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.57 on Thursday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.69. The company’s 50-day simple moving average is $50.50 and its 200-day simple moving average is $50.52.

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.