Institute for Wealth Management LLC. Increases Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Institute for Wealth Management LLC. boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 283.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,489 shares of the company’s stock after acquiring an additional 11,446 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $782,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Guidance Capital Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 5.9% during the fourth quarter. Guidance Capital Inc. now owns 26,576 shares of the company’s stock worth $1,341,000 after buying an additional 1,476 shares in the last quarter. Acute Investment Advisory LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 3.3% during the fourth quarter. Acute Investment Advisory LLC now owns 1,100,723 shares of the company’s stock worth $55,554,000 after purchasing an additional 35,311 shares in the last quarter. Wealth Alliance increased its position in shares of iShares Treasury Floating Rate Bond ETF by 4.3% in the fourth quarter. Wealth Alliance now owns 76,915 shares of the company’s stock worth $3,882,000 after purchasing an additional 3,164 shares during the last quarter. TNF LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 4.7% in the fourth quarter. TNF LLC now owns 129,826 shares of the company’s stock worth $6,580,000 after purchasing an additional 5,840 shares during the last quarter. Finally, Beverly Hills Private Wealth LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 39.9% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 9,586 shares of the company’s stock valued at $484,000 after purchasing an additional 2,733 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO stock opened at $50.60 on Friday. The firm has a 50 day simple moving average of $50.59 and a two-hundred day simple moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76.

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.