Sovereign Investment Advisors LLC Buys 1,642 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Sovereign Investment Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 106,809 shares of the company’s stock after acquiring an additional 1,642 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 1.6% of Sovereign Investment Advisors LLC’s portfolio, making the stock its 19th largest holding. Sovereign Investment Advisors LLC owned 0.08% of iShares Treasury Floating Rate Bond ETF worth $5,391,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cedar Mountain Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $28,000. Crewe Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $55,000. Principal Securities Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 56.6% in the fourth quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after acquiring an additional 826 shares during the period. Comprehensive Financial Planning Inc. PA bought a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $130,000. Finally, EP Wealth Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth approximately $191,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO opened at $50.58 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.36 and a 1-year high of $50.71. The firm’s 50 day simple moving average is $50.58 and its two-hundred day simple moving average is $50.54.

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.