Focus Financial Network Inc. Raises Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Focus Financial Network Inc. boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 54.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,046 shares of the company’s stock after acquiring an additional 18,288 shares during the period. Focus Financial Network Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,634,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TFLO. BNP Paribas Financial Markets grew its stake in iShares Treasury Floating Rate Bond ETF by 14.9% during the first quarter. BNP Paribas Financial Markets now owns 148,650 shares of the company’s stock valued at $7,535,000 after acquiring an additional 19,269 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter valued at approximately $328,000. Almanack Investment Partners LLC. lifted its position in iShares Treasury Floating Rate Bond ETF by 0.6% during the first quarter. Almanack Investment Partners LLC. now owns 140,191 shares of the company’s stock valued at $7,106,000 after purchasing an additional 871 shares during the last quarter. Haverford Trust Co bought a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter valued at approximately $12,585,000. Finally, Magnolia Capital Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 7.3% during the first quarter. Magnolia Capital Advisors LLC now owns 129,865 shares of the company’s stock valued at $6,571,000 after purchasing an additional 8,808 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.43 on Friday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.75. The company has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $50.56.

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.