Spire Wealth Management Buys 52,543 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Spire Wealth Management raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,295 shares of the company’s stock after buying an additional 52,543 shares during the period. Spire Wealth Management’s holdings in iShares Treasury Floating Rate Bond ETF were worth $14,948,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Stratos Wealth Partners LTD. increased its holdings in iShares Treasury Floating Rate Bond ETF by 322.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 31,676 shares of the company’s stock worth $1,607,000 after purchasing an additional 24,185 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares Treasury Floating Rate Bond ETF by 1,006.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,151,496 shares of the company’s stock worth $58,427,000 after buying an additional 1,047,381 shares during the period. Beacon Financial Advisory LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $406,000. JB Capital LLC acquired a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at approximately $28,154,000. Finally, WealthShield Partners LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at $3,045,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA:TFLO traded down $0.01 during mid-day trading on Friday, reaching $50.50. 1,511,947 shares of the company’s stock were exchanged, compared to its average volume of 2,911,807. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.37 and a twelve month high of $50.76. The business’s fifty day moving average price is $50.58 and its 200-day moving average price is $50.58.

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.