Client 1ST Advisory Group LLC Makes New $311,000 Investment in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Client 1ST Advisory Group LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, HoldingsChannel reports. The firm acquired 6,167 shares of the company’s stock, valued at approximately $311,000.

Several other institutional investors have also recently added to or reduced their stakes in TFLO. Physician Wealth Advisors Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 1.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 10,616 shares of the company’s stock worth $536,000 after buying an additional 198 shares during the last quarter. Merit Financial Group LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.9% during the 4th quarter. Merit Financial Group LLC now owns 13,728 shares of the company’s stock worth $693,000 after buying an additional 392 shares during the last quarter. D.A. Davidson & CO. raised its position in iShares Treasury Floating Rate Bond ETF by 7.8% during the third quarter. D.A. Davidson & CO. now owns 5,799 shares of the company’s stock worth $293,000 after acquiring an additional 421 shares during the last quarter. Lifeworks Advisors LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 11.9% during the 3rd quarter. Lifeworks Advisors LLC now owns 4,518 shares of the company’s stock worth $229,000 after purchasing an additional 481 shares during the last quarter. Finally, PBMares Wealth Management LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.5% in the third quarter. PBMares Wealth Management LLC now owns 8,147 shares of the company’s stock valued at $412,000 after acquiring an additional 500 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO opened at $50.59 on Monday. The company’s 50-day moving average is $50.51 and its two-hundred day moving average is $50.52. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-month high of $50.71.

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.