iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) is Legacy Wealth Asset Management LLC’s 2nd Largest Position

Legacy Wealth Asset Management LLC boosted its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,274 shares of the company’s stock after purchasing an additional 3,109 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 2.7% of Legacy Wealth Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Legacy Wealth Asset Management LLC owned approximately 0.15% of iShares Treasury Floating Rate Bond ETF worth $10,007,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Physician Wealth Advisors Inc. increased its position 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 purchasing an additional 198 shares during the last quarter. D.A. Davidson & CO. lifted its position in iShares Treasury Floating Rate Bond ETF by 7.8% in the 3rd quarter. D.A. Davidson & CO. now owns 5,799 shares of the company’s stock worth $293,000 after buying an additional 421 shares during the last quarter. Lifeworks Advisors LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 11.9% in the third quarter. Lifeworks Advisors LLC now owns 4,518 shares of the company’s stock worth $229,000 after buying an additional 481 shares in the last quarter. PBMares Wealth Management LLC grew its position in iShares Treasury Floating Rate Bond ETF by 6.5% during the third quarter. PBMares Wealth Management LLC now owns 8,147 shares of the company’s stock valued at $412,000 after acquiring an additional 500 shares during the last quarter. Finally, New Capital Management LP raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 0.6% during the fourth quarter. New Capital Management LP now owns 85,535 shares of the company’s stock worth $4,317,000 after acquiring an additional 509 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.58 on Friday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.36 and a fifty-two week high of $50.71. The firm has a 50 day moving average price of $50.51 and a 200-day moving average price of $50.52.

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.