Commonwealth Equity Services LLC Grows Stock Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Commonwealth Equity Services LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 9.4% in the 4th quarter, Holdings Channel reports. The firm owned 687,900 shares of the company’s stock after buying an additional 59,141 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $34,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. SPC Financial Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 878.7% during the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock valued at $80,762,000 after purchasing an additional 1,436,691 shares during the last quarter. Assetmark Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.4% during the fourth quarter. Assetmark Inc. now owns 1,515,103 shares of the company’s stock valued at $76,467,000 after purchasing an additional 5,308 shares during the last quarter. BIP Wealth LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 19.5% during the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares during the last quarter. Capital Asset Advisory Services LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,197,997 shares of the company’s stock valued at $60,487,000 after purchasing an additional 10,903 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $59,654,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.58 on Friday. The firm has a 50 day moving average of $50.58 and a 200 day moving average of $50.54. 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 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.