Brown Financial Advisors Makes New $2.36 Million Investment in Innovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL)

Brown Financial Advisors purchased a new position in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July (BATS:TFJL) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 119,320 shares of the company’s stock, valued at approximately $2,364,000. Innovator 20+ Year Treasury Bond 5 Floor ETF – July accounts for 1.1% of Brown Financial Advisors’ investment portfolio, making the stock its 26th largest position.

A number of other large investors have also made changes to their positions in the stock. Gradient Investments LLC purchased a new stake in shares of Innovator 20+ Year Treasury Bond 5 Floor ETF – July during the 2nd quarter worth approximately $40,113,000. Commonwealth Equity Services LLC acquired a new position in Innovator 20+ Year Treasury Bond 5 Floor ETF – July during the second quarter worth $17,397,000. Finally, Brookstone Capital Management boosted its position in Innovator 20+ Year Treasury Bond 5 Floor ETF – July by 39.7% during the first quarter. Brookstone Capital Management now owns 208,096 shares of the company’s stock worth $4,243,000 after purchasing an additional 59,176 shares in the last quarter.

Innovator 20+ Year Treasury Bond 5 Floor ETF – July Stock Down 0.4 %

BATS TFJL opened at $20.98 on Wednesday. The business has a fifty day moving average of $20.94 and a two-hundred day moving average of $20.29.

Innovator 20+ Year Treasury Bond 5 Floor ETF – July Profile

The Innovator 20+ Year Treasury Bond 5 Floor ETF – Quarterly (TFJL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to provide the price return of a long-term US Treasuries ETF, up to a cap, while minimizing the downside risk over a 3-month period. The actively-managed fund provides such exposure via FLEX options and collateral.