Elevation Point Wealth Partners LLC Invests $2.13 Million in iShares Treasury Floating Rate Bond ETF $TFLO

Elevation Point Wealth Partners LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the third quarter, according to its most recent filing with the SEC. The firm acquired 42,188 shares of the company’s stock, valued at approximately $2,134,000.

Other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 5,146.9% during the second quarter. Laurel Wealth Advisors LLC now owns 25,370,114 shares of the company’s stock worth $1,284,996,000 after acquiring an additional 24,886,588 shares during the period. Bank of America Corp DE lifted its position in iShares Treasury Floating Rate Bond ETF by 9.7% in the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after purchasing an additional 637,336 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Treasury Floating Rate Bond ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,347,201 shares of the company’s stock valued at $118,745,000 after purchasing an additional 136,476 shares during the period. Financial Advisory Corp boosted its holdings in iShares Treasury Floating Rate Bond ETF by 1.4% in the 3rd quarter. Financial Advisory Corp now owns 1,647,090 shares of the company’s stock valued at $83,326,000 after purchasing an additional 23,031 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 0.6% in the 3rd quarter. Axxcess Wealth Management LLC now owns 1,341,427 shares of the company’s stock valued at $67,863,000 after purchasing an additional 8,164 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.56 on Monday. The stock has a 50 day simple moving average of $50.55 and a 200-day simple moving average of $50.52. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67.

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.