Laurel Wealth Advisors LLC Has $14.82 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Laurel Wealth Advisors LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 293,563 shares of the company’s stock after buying an additional 18,374 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 2.8% of Laurel Wealth Advisors LLC’s portfolio, making the stock its 7th largest position. Laurel Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $14,816,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Robinson Smith Wealth Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $5,634,000. Bush Investment Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $593,000. Focus Financial Network Inc. ADV purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $4,795,000. Stifel Financial Corp raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 11.7% in the 4th quarter. Stifel Financial Corp now owns 973,189 shares of the company’s stock valued at $49,117,000 after acquiring an additional 102,311 shares in the last quarter. Finally, Portfolio Design Labs LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $16,377,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO traded up $0.02 on Friday, hitting $50.67. The company’s stock had a trading volume of 1,523,873 shares, compared to its average volume of 2,944,155. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.76. The company has a 50-day simple moving average of $50.59 and a 200 day simple moving average of $50.59.

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.