iShares Treasury Floating Rate Bond ETF $TFLO Shares Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 45.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 85,214 shares of the company’s stock after purchasing an additional 26,711 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for approximately 0.8% of Drive Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. Drive Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $4,300,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Oxbow Advisors LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 50.0% during the 4th quarter. Oxbow Advisors LLC now owns 147,889 shares of the company’s stock worth $7,462,000 after purchasing an additional 49,270 shares during the last quarter. MGO One Seven LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 12.9% during the 4th quarter. MGO One Seven LLC now owns 72,690 shares of the company’s stock worth $3,668,000 after purchasing an additional 8,285 shares during the last quarter. Indivisible Partners acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $603,000. Composition Wealth LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 36.4% during the 4th quarter. Composition Wealth LLC now owns 45,701 shares of the company’s stock worth $2,306,000 after purchasing an additional 12,203 shares during the last quarter. Finally, Broussard Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $1,117,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO opened at $50.54 on Monday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67. The company has a 50-day moving average price of $50.56 and a 200 day moving average price of $50.54.

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.