iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Stake Raised by Montecito Bank & Trust

Montecito Bank & Trust grew its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,781 shares of the company’s stock after purchasing an additional 7,617 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 1.0% of Montecito Bank & Trust’s portfolio, making the stock its 24th biggest holding. Montecito Bank & Trust’s holdings in iShares Treasury Floating Rate Bond ETF were worth $5,642,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TFLO. Oxbow Advisors LLC boosted its position in shares of 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 purchasing an additional 999,068 shares during the period. Optivise Advisory Services LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $33,973,000. Portfolio Design Labs LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 377.0% in the third quarter. Portfolio Design Labs LLC now owns 516,000 shares of the company’s stock worth $26,110,000 after buying an additional 407,824 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1,403.0% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 434,751 shares of the company’s stock valued at $21,998,000 after acquiring an additional 405,825 shares during the period. Finally, J2 Capital Management Inc acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $17,111,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.61 on Friday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71. The company has a 50 day moving average price of $50.52 and a 200 day moving average price of $50.53.

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.