iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC raised its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 45.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 149,001 shares of the company’s stock after acquiring an additional 46,267 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $7,520,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp boosted its stake in iShares Treasury Floating Rate Bond ETF by 748.5% in the fourth quarter. Jones Financial Companies Lllp now owns 277,064 shares of the company’s stock valued at $13,983,000 after acquiring an additional 244,411 shares during the period. SVB Wealth LLC acquired a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $6,213,000. Proficio Capital Partners LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 535.4% in the fourth quarter. Proficio Capital Partners LLC now owns 527,890 shares of the company’s stock valued at $26,643,000 after acquiring an additional 444,805 shares during the period. Nwam LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 14.4% in the fourth quarter. Nwam LLC now owns 10,242 shares of the company’s stock valued at $517,000 after acquiring an additional 1,290 shares during the period. Finally, MONECO Advisors LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 16.4% in the fourth quarter. MONECO Advisors LLC now owns 14,090 shares of the company’s stock valued at $711,000 after acquiring an additional 1,980 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.67 on Monday. The business has a 50 day moving average of $50.56 and a two-hundred day moving average of $50.54. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71.

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.