iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) is Capital Asset Advisory Services LLC’s 8th Largest Position

Capital Asset Advisory Services LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 3.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 976,214 shares of the company’s stock after purchasing an additional 33,790 shares during the period. iShares Treasury Floating Rate Bond ETF makes up approximately 2.8% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 8th largest position. Capital Asset Advisory Services LLC owned 0.73% of iShares Treasury Floating Rate Bond ETF worth $49,289,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TFLO. Atticus Wealth Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at approximately $30,000. North Star Investment Management Corp. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $33,000. SouthState Corp purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $41,000. Fifth Third Bancorp lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 545.7% during the 4th quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after purchasing an additional 1,457 shares during the last quarter. Finally, Criterion Capital Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $98,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of iShares Treasury Floating Rate Bond ETF stock traded up $0.02 during trading on Friday, hitting $50.67. 1,991,180 shares of the stock were exchanged, compared to its average volume of 2,567,542. The firm’s 50-day moving average price is $50.59 and its 200 day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76.

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.