Savvy Advisors Inc. Boosts Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Savvy Advisors Inc. boosted its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 139.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 96,983 shares of the company’s stock after buying an additional 56,413 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 1.0% of Savvy Advisors Inc.’s holdings, making the stock its 19th largest position. Savvy Advisors Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $4,907,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Robinson Smith Wealth Advisors LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 5.8% in the 2nd quarter. Robinson Smith Wealth Advisors LLC now owns 111,815 shares of the company’s stock worth $5,665,000 after buying an additional 6,169 shares during the period. Raymond James & Associates boosted its stake in iShares Treasury Floating Rate Bond ETF by 3.3% in the 2nd quarter. Raymond James & Associates now owns 307,857 shares of the company’s stock worth $15,596,000 after purchasing an additional 9,691 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Treasury Floating Rate Bond ETF by 18.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 278,317 shares of the company’s stock worth $14,100,000 after purchasing an additional 43,967 shares during the period. Dakota Wealth Management bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $388,000. Finally, Total Clarity Wealth Management Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 31.1% in the second quarter. Total Clarity Wealth Management Inc. now owns 55,442 shares of the company’s stock worth $2,809,000 after buying an additional 13,147 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.51 on Tuesday. The firm has a fifty day moving average price of $50.51 and a 200 day moving average price of $50.55. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.75.

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.