MONECO Advisors LLC Acquires New Shares in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MONECO Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 14,953 shares of the company’s stock, valued at approximately $755,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Atticus Wealth Management LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $30,000. North Star Investment Management Corp. acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $33,000. SouthState Corp acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $41,000. Fifth Third Bancorp lifted its position in iShares Treasury Floating Rate Bond ETF by 545.7% during the 4th quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after acquiring an additional 1,457 shares during the last quarter. Finally, Criterion Capital Advisors LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $98,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.59 on Tuesday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.76. The firm has a fifty day moving average price of $50.58 and a two-hundred day moving average price 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.