iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) is Element Wealth LLC’s 3rd Largest Position

Element Wealth LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 177,810 shares of the company’s stock after purchasing an additional 2,928 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 4.7% of Element Wealth LLC’s investment portfolio, making the stock its 3rd largest position. Element Wealth LLC owned about 0.13% of iShares Treasury Floating Rate Bond ETF worth $8,974,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in TFLO. Oxbow Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 59.6% in the 3rd quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock valued at $135,424,000 after buying an additional 999,068 shares in the last quarter. Optivise Advisory Services LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at $33,973,000. Strategic Financial Concepts LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 4,069.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock valued at $24,484,000 after buying an additional 473,495 shares in the last quarter. Private Advisor Group LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 99.4% in the 4th quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock valued at $45,820,000 after buying an additional 452,562 shares in the last quarter. Finally, Portfolio Design Labs LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 377.0% in the 3rd quarter. Portfolio Design Labs LLC now owns 516,000 shares of the company’s stock valued at $26,110,000 after buying an additional 407,824 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.64 on Friday. The business has a fifty day moving average of $50.54 and a two-hundred day moving average of $50.53. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71.

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.