Baring Financial LLC Buys Shares of 46,304 iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Baring Financial LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 46,304 shares of the company’s stock, valued at approximately $2,337,000. iShares Treasury Floating Rate Bond ETF accounts for about 2.1% of Baring Financial LLC’s investment portfolio, making the stock its 19th biggest position.

Other hedge funds have also made changes to their positions in the company. BIP Wealth LLC increased its position in iShares Treasury Floating Rate Bond ETF by 19.5% in the 3rd quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after acquiring an additional 241,272 shares during the period. Chris Bulman Inc grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 13.4% in the third quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock worth $1,972,000 after purchasing an additional 4,609 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 190.9% during the third quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock valued at $3,774,000 after purchasing an additional 48,944 shares during the period. WESCAP Management Group Inc. raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.2% during the third quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock valued at $14,420,000 after purchasing an additional 3,502 shares in the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth about $203,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.66 on Thursday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71. The firm’s 50-day moving average is $50.53 and its two-hundred day moving average is $50.53.

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.