Intelligence Driven Advisers LLC Purchases 2,896 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Intelligence Driven Advisers LLC increased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 12.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 26,720 shares of the company’s stock after acquiring an additional 2,896 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. National Bank of Canada FI purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter worth approximately $7,334,000. Magnus Financial Group LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 35.1% during the 2nd quarter. Magnus Financial Group LLC now owns 36,412 shares of the company’s stock worth $1,845,000 after acquiring an additional 9,451 shares during the last quarter. Guidance Capital Inc. grew its position in shares of iShares Treasury Floating Rate Bond ETF by 31.5% during the 2nd quarter. Guidance Capital Inc. now owns 35,127 shares of the company’s stock valued at $1,779,000 after acquiring an additional 8,420 shares during the period. Family Asset Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $41,000. Finally, Cravens & Co Advisors LLC raised its holdings in iShares Treasury Floating Rate Bond ETF by 606.3% in the 2nd quarter. Cravens & Co Advisors LLC now owns 89,215 shares of the company’s stock worth $4,520,000 after purchasing an additional 76,583 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO traded up $0.02 on Friday, hitting $50.46. 1,402,130 shares of the company traded hands, compared to its average volume of 2,316,612. The business’s 50 day moving average price is $50.54 and its 200-day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.37 and a 52-week 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.