iShares Treasury Floating Rate Bond ETF $TFLO Stake Boosted by Acumen Wealth Advisors LLC

Acumen Wealth Advisors LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 109.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 49,242 shares of the company’s stock after purchasing an additional 25,753 shares during the quarter. Acumen Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in TFLO. Cyr Financial Inc. increased its position in iShares Treasury Floating Rate Bond ETF by 4.8% in the fourth quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock worth $217,000 after buying an additional 198 shares during the period. Federation des caisses Desjardins du Quebec grew its position in shares of iShares Treasury Floating Rate Bond ETF by 0.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 83,440 shares of the company’s stock worth $4,210,000 after acquiring an additional 282 shares during the last quarter. Darden Wealth Group Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.4% in the 4th quarter. Darden Wealth Group Inc now owns 23,761 shares of the company’s stock worth $1,199,000 after acquiring an additional 326 shares during the period. Lido Advisors LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4.1% in the 4th quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock worth $431,000 after acquiring an additional 339 shares during the period. Finally, Redwood Financial Network Corp increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 2.8% in the 4th quarter. Redwood Financial Network Corp now owns 14,789 shares of the company’s stock worth $746,000 after acquiring an additional 407 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.60 on Wednesday. The company’s 50-day moving average price is $50.57 and its 200 day moving average price is $50.56. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.66.

iShares Treasury Floating Rate Bond ETF 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.