Bank of New York Mellon Corp Boosts Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Bank of New York Mellon Corp increased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 18.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 278,317 shares of the company’s stock after acquiring an additional 43,967 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $14,100,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Scarborough Advisors LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 7,871.4% during the 4th quarter. Scarborough Advisors LLC now owns 1,440,276 shares of the company’s stock valued at $72,691,000 after buying an additional 1,422,208 shares in the last quarter. Brookstone Capital Management lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 474.7% in the second quarter. Brookstone Capital Management now owns 955,213 shares of the company’s stock valued at $48,305,000 after acquiring an additional 789,016 shares in the last quarter. Summitry LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $29,984,000. Portfolio Design Labs LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $16,377,000. Finally, Oxbow Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 17.0% during the 4th quarter. Oxbow Advisors LLC now owns 2,003,130 shares of the company’s stock valued at $101,098,000 after purchasing an additional 290,949 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of TFLO opened at $50.46 on Friday. 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 $50.54 and a two-hundred day simple moving average of $50.57.

iShares Treasury Floating Rate Bond ETF 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.