Meridian Wealth Management LLC Grows Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Meridian Wealth Management LLC raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 45.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,001 shares of the company’s stock after purchasing an additional 46,267 shares during the quarter. Meridian Wealth Management LLC owned about 0.11% of iShares Treasury Floating Rate Bond ETF worth $7,520,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its position in shares of iShares Treasury Floating Rate Bond ETF by 748.5% during the fourth quarter. Jones Financial Companies Lllp now owns 277,064 shares of the company’s stock worth $13,983,000 after acquiring an additional 244,411 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $6,213,000. Proficio Capital Partners LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 535.4% during the fourth quarter. Proficio Capital Partners LLC now owns 527,890 shares of the company’s stock worth $26,643,000 after acquiring an additional 444,805 shares during the last quarter. Nwam LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 14.4% during the fourth quarter. Nwam LLC now owns 10,242 shares of the company’s stock worth $517,000 after acquiring an additional 1,290 shares during the last quarter. Finally, MONECO Advisors LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 16.4% during the fourth quarter. MONECO Advisors LLC now owns 14,090 shares of the company’s stock worth $711,000 after acquiring an additional 1,980 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of NYSEARCA TFLO opened at $50.67 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The stock’s 50-day simple moving average is $50.56 and its 200-day simple moving average is $50.54.

iShares Treasury Floating Rate Bond ETF 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.