Forthright Family Wealth Advisory LLC Buys New Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Forthright Family Wealth Advisory LLC purchased a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 65,199 shares of the company’s stock, valued at approximately $3,291,000. iShares Treasury Floating Rate Bond ETF comprises 2.6% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 11th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of TFLO. Envestnet Asset Management Inc. lifted its holdings in iShares Treasury Floating Rate Bond ETF by 732.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock valued at $1,490,106,000 after purchasing an additional 25,839,099 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 113.7% during the 3rd quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock worth $595,509,000 after buying an additional 6,243,626 shares during the period. Morgan Stanley grew its holdings in iShares Treasury Floating Rate Bond ETF by 86.4% during the third quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock valued at $379,426,000 after purchasing an additional 3,465,283 shares during the period. UBS Group AG grew its holdings in iShares Treasury Floating Rate Bond ETF by 2.3% during the fourth quarter. UBS Group AG now owns 4,369,616 shares of the company’s stock valued at $220,535,000 after purchasing an additional 97,337 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 2.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,792,224 shares of the company’s stock valued at $191,394,000 after purchasing an additional 81,949 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO traded up $0.01 during trading on Friday, reaching $50.57. The company had a trading volume of 1,086,952 shares, compared to its average volume of 2,588,479. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.37 and a 12 month high of $50.76. The business’s fifty day moving average price is $50.58 and its 200 day moving average price is $50.57.

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.