Retirement Capital Strategies Takes $3.41 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Retirement Capital Strategies acquired a new stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 67,493 shares of the company’s stock, valued at approximately $3,406,000. iShares Treasury Floating Rate Bond ETF makes up approximately 1.3% of Retirement Capital Strategies’ investment portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of TFLO. SPC Financial Inc. lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 878.7% in the 4th quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock valued at $80,762,000 after purchasing an additional 1,436,691 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $59,654,000. Optivise Advisory Services LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $33,973,000. Strategic Financial Concepts LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 4,069.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock worth $24,484,000 after acquiring an additional 473,495 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 99.4% during the 4th quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock worth $45,820,000 after acquiring an additional 452,562 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.55 on Tuesday. The stock’s 50 day moving average price is $50.57 and its 200 day moving average price is $50.54. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.71.

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.