Sovran Advisors LLC Has $8.20 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Sovran Advisors LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 15.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 162,275 shares of the company’s stock after acquiring an additional 22,253 shares during the period. Sovran Advisors LLC owned about 0.13% of iShares Treasury Floating Rate Bond ETF worth $8,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 134.1% during the first quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after purchasing an additional 17,265 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Treasury Floating Rate Bond ETF by 16.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 224,228 shares of the company’s stock valued at $11,357,000 after buying an additional 32,277 shares during the last quarter. XTX Topco Ltd bought a new position in iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at approximately $216,000. Lido Advisors LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 2.7% during the 2nd quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock worth $409,000 after buying an additional 213 shares during the period. Finally, Baird Financial Group Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $265,000.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.51 on Friday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67. The company’s 50 day moving average price is $50.56 and its two-hundred day moving average price is $50.53.

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.