Quadrature Capital Ltd Invests $1.93 Million in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Quadrature Capital Ltd acquired a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the 1st quarter, Holdings Channel.com reports. The fund acquired 38,001 shares of the company’s stock, valued at approximately $1,926,000.

Several other large investors also recently made changes to their positions in TFLO. SouthState Corp acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $41,000. Fifth Third Bancorp lifted its stake in iShares Treasury Floating Rate Bond ETF by 545.7% in the fourth quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock valued at $87,000 after acquiring an additional 1,457 shares during the last quarter. Criterion Capital Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $98,000. Northwest Capital Management Inc acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $122,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 12.9% during the 1st quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock worth $141,000 after buying an additional 318 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock traded up $0.03 during midday trading on Friday, hitting $50.65. 1,185,667 shares of the company were exchanged, compared to its average volume of 2,417,496. The firm’s 50 day moving average price is $50.58 and its two-hundred day moving average price is $50.59. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76.

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.