iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Get Free Report) saw an uptick in trading volume on Monday . 2,302,892 shares changed hands during mid-day trading, an increase of 6% from the previous session’s volume of 2,174,746 shares.The stock last traded at $50.50 and had previously closed at $50.49.
iShares Treasury Floating Rate Bond ETF Stock Performance
The business has a 50 day moving average of $50.51 and a two-hundred day moving average of $50.53.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its holdings in iShares Treasury Floating Rate Bond ETF by 18.8% in the second quarter. Bank of New York Mellon Corp now owns 278,317 shares of the company’s stock valued at $14,100,000 after buying an additional 43,967 shares in the last quarter. National Bank of Canada FI purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $7,334,000. SVB Wealth LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 14.6% during the 2nd quarter. SVB Wealth LLC now owns 95,663 shares of the company’s stock worth $4,846,000 after purchasing an additional 12,159 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 687.9% in the second quarter. Strategic Financial Concepts LLC now owns 634,913 shares of the company’s stock worth $322,000 after buying an additional 554,335 shares in the last quarter. Finally, Chris Bulman Inc acquired a new position in iShares Treasury Floating Rate Bond ETF during the second quarter worth about $1,741,000.
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.
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