Arbor Investment Advisors LLC Raises Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Arbor Investment Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.0% during the third quarter, HoldingsChannel.com reports. The firm owned 1,674,846 shares of the company’s stock after acquiring an additional 151,847 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 11.2% of Arbor Investment Advisors LLC’s holdings, making the stock its 3rd biggest holding. Arbor Investment Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $84,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Physician Wealth Advisors Inc. boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.9% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 10,616 shares of the company’s stock valued at $536,000 after acquiring an additional 198 shares in the last quarter. Helen Stephens Group LLC increased its position in iShares Treasury Floating Rate Bond ETF by 0.6% in the 2nd quarter. Helen Stephens Group LLC now owns 35,610 shares of the company’s stock valued at $1,804,000 after buying an additional 207 shares in the last quarter. Destination Wealth Management lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 0.6% in the second quarter. Destination Wealth Management now owns 40,428 shares of the company’s stock valued at $2,048,000 after buying an additional 228 shares in the last quarter. Simplicity Wealth LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 5.7% during the second quarter. Simplicity Wealth LLC now owns 6,828 shares of the company’s stock valued at $346,000 after buying an additional 371 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its position 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 worth $1,305,000 after purchasing an additional 621 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of NYSEARCA:TFLO traded up $0.01 during mid-day trading on Monday, reaching $50.60. The company had a trading volume of 450,209 shares, compared to its average volume of 2,194,220. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76. The company’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.55.

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.