ShoreHaven Wealth Partners LLC Raises Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

ShoreHaven Wealth Partners LLC raised its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 375.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 24,166 shares of the company’s stock after acquiring an additional 19,078 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,220,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. Envestnet Asset Management Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 732.3% in 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 in the last quarter. LPL Financial LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 113.7% in the third quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock valued at $595,509,000 after buying an additional 6,243,626 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at $188,259,000. Morgan Stanley lifted its holdings in iShares Treasury Floating Rate Bond ETF by 86.4% in the third quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after purchasing an additional 3,465,283 shares during the period. Finally, JPMorgan Chase & Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at approximately $163,207,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO traded down $0.01 during trading on Wednesday, hitting $50.53. The company had a trading volume of 1,955,099 shares, compared to its average volume of 2,892,835. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76. The business’s 50-day moving average is $50.58 and its 200 day moving average is $50.58.

iShares Treasury Floating Rate Bond ETF Company 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.