MFA Wealth Services Takes $1.05 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MFA Wealth Services acquired a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 20,810 shares of the company’s stock, valued at approximately $1,050,000.

Several other large investors also recently added to or reduced their stakes in the business. Oxbow Advisors LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 59.6% in the 3rd quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock valued at $135,424,000 after acquiring an additional 999,068 shares in the last quarter. Cetera Investment Advisers increased its position in shares of iShares Treasury Floating Rate Bond ETF by 16.1% in the second quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock worth $104,618,000 after purchasing an additional 286,831 shares during the last quarter. Arbor Investment Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 10.0% in the third quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock valued at $84,747,000 after purchasing an additional 151,847 shares in the last quarter. BIP Wealth LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 19.5% during the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 10.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,185,988 shares of the company’s stock worth $60,011,000 after buying an additional 113,938 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.61 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The firm has a fifty day moving average of $50.52 and a 200 day moving average of $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.