CacheTech Inc. Acquires New Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

CacheTech Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the third quarter, HoldingsChannel.com reports. The fund acquired 5,574 shares of the company’s stock, valued at approximately $282,000.

A number of other institutional investors have also bought and sold shares of TFLO. Focus Financial Network Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 54.2% during the 3rd quarter. Focus Financial Network Inc. now owns 52,046 shares of the company’s stock worth $2,634,000 after acquiring an additional 18,288 shares during the period. SteelPeak Wealth LLC increased its position in iShares Treasury Floating Rate Bond ETF by 703.7% during the third quarter. SteelPeak Wealth LLC now owns 100,200 shares of the company’s stock worth $5,070,000 after purchasing an additional 87,733 shares during the last quarter. PBMares Wealth Management LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 6.5% during the third quarter. PBMares Wealth Management LLC now owns 8,147 shares of the company’s stock worth $412,000 after purchasing an additional 500 shares during the period. Arbor Investment Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 10.0% during the third quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock worth $84,747,000 after purchasing an additional 151,847 shares during the period. Finally, Richardson Financial Services Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF by 2.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 25,760 shares of the company’s stock valued at $1,305,000 after purchasing an additional 621 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.43 on Friday. The company has a 50 day simple moving average of $50.53 and a 200-day simple moving average of $50.56. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.75.

About iShares Treasury Floating Rate Bond ETF

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.