Bank of Montreal Can Raises Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Bank of Montreal Can boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,649 shares of the company’s stock after buying an additional 31,431 shares during the period. Bank of Montreal Can owned approximately 0.13% of iShares Treasury Floating Rate Bond ETF worth $9,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Robinson Smith Wealth Advisors LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 5.8% in the second quarter. Robinson Smith Wealth Advisors LLC now owns 111,815 shares of the company’s stock worth $5,665,000 after acquiring an additional 6,169 shares during the period. Raymond James & Associates boosted its stake in iShares Treasury Floating Rate Bond ETF by 3.3% during the second quarter. Raymond James & Associates now owns 307,857 shares of the company’s stock worth $15,596,000 after buying an additional 9,691 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 278,317 shares of the company’s stock valued at $14,100,000 after buying an additional 43,967 shares during the period. Dakota Wealth Management purchased a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter worth about $388,000. Finally, Total Clarity Wealth Management Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 31.1% during the second quarter. Total Clarity Wealth Management Inc. now owns 55,442 shares of the company’s stock worth $2,809,000 after acquiring an additional 13,147 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.63 on Monday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.75. The company’s 50 day moving average price is $50.53 and its 200 day moving average price is $50.55.

iShares Treasury Floating Rate Bond ETF Company 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.