Elmwood Wealth Management Inc. Buys 80,959 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Elmwood Wealth Management Inc. increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 36.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 302,125 shares of the company’s stock after purchasing an additional 80,959 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 3.7% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Elmwood Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $15,309,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in TFLO. Bank of America Corp DE raised its stake in iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after buying an additional 1,920,892 shares during the last quarter. Ifrah Financial Services Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter valued at $24,560,000. Capital Advantage Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter valued at $13,683,000. J2 Capital Management Inc increased its position in iShares Treasury Floating Rate Bond ETF by 80.0% during the first quarter. J2 Capital Management Inc now owns 483,683 shares of the company’s stock valued at $24,489,000 after acquiring an additional 214,936 shares during the last quarter. Finally, Capital Asset Advisory Services LLC increased its position in iShares Treasury Floating Rate Bond ETF by 17.4% during the first quarter. Capital Asset Advisory Services LLC now owns 1,182,871 shares of the company’s stock valued at $59,818,000 after acquiring an additional 175,263 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

TFLO stock traded up $0.02 during trading on Wednesday, reaching $50.59. The stock had a trading volume of 1,886,990 shares, compared to its average volume of 1,658,739. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.67. The stock’s 50 day moving average is $50.58 and its two-hundred day moving average is $50.57.

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.