Hershey Financial Advisers LLC Invests $3.99 Million in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Hershey Financial Advisers LLC bought a new position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 79,051 shares of the company’s stock, valued at approximately $3,990,000. iShares Treasury Floating Rate Bond ETF comprises about 3.5% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 5th biggest holding. Hershey Financial Advisers LLC owned about 0.06% of iShares Treasury Floating Rate Bond ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Cedar Mountain Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $28,000. Crewe Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $55,000. IMG Wealth Management Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $89,000. Principal Securities Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 56.6% in the fourth quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after acquiring an additional 826 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $130,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO opened at $50.61 on Monday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.36 and a 12 month high of $50.71. The stock has a 50-day moving average of $50.59 and a 200 day moving average of $50.54.

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.