New Capital Management LP grew its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 13.4% in the third quarter, HoldingsChannel.com reports. The firm owned 111,915 shares of the company’s stock after purchasing an additional 13,211 shares during the period. iShares Treasury Floating Rate Bond ETF comprises about 1.3% of New Capital Management LP’s investment portfolio, making the stock its 15th largest holding. New Capital Management LP’s holdings in iShares Treasury Floating Rate Bond ETF were worth $5,671,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the stock. Compass Financial Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter worth $32,000. Latitude Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at $35,000. Reyes Financial Architecture Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $135,000. Ascent Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth $155,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in iShares Treasury Floating Rate Bond ETF by 44.6% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 3,969 shares of the company’s stock worth $201,000 after acquiring an additional 1,225 shares during the last quarter.
iShares Treasury Floating Rate Bond ETF Stock Performance
NYSEARCA TFLO opened at $50.53 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.71. The company has a fifty day moving average price of $50.60 and a 200-day moving average price of $50.58.
iShares Treasury Floating Rate Bond ETF 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.
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