iShares Treasury Floating Rate Bond ETF $TFLO Shares Bought by Wellington Grp LLC

Wellington Grp LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 9.1% in the first quarter, Holdings Channel.com reports. The fund owned 268,379 shares of the company’s stock after purchasing an additional 22,358 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for approximately 4.2% of Wellington Grp LLC’s portfolio, making the stock its 7th largest position. Wellington Grp LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $13,588,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $32,000. Core Wealth Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $53,000. Strive Financial Group LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $55,000. Chapman Financial Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at approximately $59,000. Finally, Optima Capital LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $62,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.66 on Friday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67. The stock has a 50 day simple moving average of $50.58 and a 200-day simple moving average of $50.57.

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.