iShares Treasury Floating Rate Bond ETF $TFLO Stock Holdings Boosted by New Capital Management LP

New Capital Management LP raised its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 7.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 200,338 shares of the company’s stock after acquiring an additional 13,836 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 2.8% of New Capital Management LP’s investment portfolio, making the stock its 7th biggest holding. New Capital Management LP owned 0.15% of iShares Treasury Floating Rate Bond ETF worth $10,147,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at approximately $26,000. CX Institutional acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the first quarter worth $59,000. Dunhill Financial LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $74,000. Rossby Financial LCC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $78,000. Finally, Fifth Third Bancorp acquired a new position in iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $83,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.49 on Friday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.69. The firm has a fifty day moving average of $50.55 and a two-hundred day moving average of $50.56.

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.