Sovran Advisors LLC Purchases New Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Sovran Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 106,740 shares of the company’s stock, valued at approximately $5,396,000. Sovran Advisors LLC owned 0.08% of iShares Treasury Floating Rate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of TFLO. Accelerate Investment Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $517,000. ORG Partners LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 32.5% during the 3rd quarter. ORG Partners LLC now owns 60,677 shares of the company’s stock worth $3,070,000 after acquiring an additional 14,872 shares during the period. Elmwood Wealth Management Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 25.8% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 163,150 shares of the company’s stock worth $8,255,000 after acquiring an additional 33,485 shares during the period. Creative Planning grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 16.5% in the 3rd quarter. Creative Planning now owns 147,737 shares of the company’s stock valued at $7,475,000 after buying an additional 20,883 shares during the period. Finally, Aspect Partners LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at $303,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.56 on Tuesday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-month high of $50.71. The firm has a fifty day moving average of $50.52 and a 200-day moving average of $50.53.

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.