Financial Gravity Companies Inc. Invests $4.42 Million in iShares Treasury Floating Rate Bond ETF $TFLO

Financial Gravity Companies Inc. acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 87,249 shares of the company’s stock, valued at approximately $4,419,000. Financial Gravity Companies Inc. owned about 0.07% of iShares Treasury Floating Rate Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 134.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after purchasing an additional 17,265 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 58.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 99,200 shares of the company’s stock worth $5,024,000 after buying an additional 36,496 shares during the last quarter. Truist Financial Corp increased its position in iShares Treasury Floating Rate Bond ETF by 34.4% in the second quarter. Truist Financial Corp now owns 19,389 shares of the company’s stock worth $982,000 after buying an additional 4,958 shares during the period. Stephens Inc. AR lifted its stake in iShares Treasury Floating Rate Bond ETF by 179.9% in the second quarter. Stephens Inc. AR now owns 98,919 shares of the company’s stock valued at $5,010,000 after buying an additional 63,576 shares during the last quarter. Finally, Aspect Partners LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 1,538.8% in the second quarter. Aspect Partners LLC now owns 98,182 shares of the company’s stock valued at $4,973,000 after buying an additional 92,191 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO opened at $50.51 on Friday. The firm has a fifty day moving average of $50.51 and a 200-day moving average of $50.54. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.69.

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.