Richardson Financial Services Inc. Has $1.27 Million Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Richardson Financial Services Inc. reduced its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 5.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,139 shares of the company’s stock after selling 1,311 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 0.9% of Richardson Financial Services Inc.’s holdings, making the stock its 22nd largest holding. Richardson Financial Services Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,274,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. LPL Financial LLC increased its position in iShares Treasury Floating Rate Bond ETF by 12.3% in the 2nd quarter. LPL Financial LLC now owns 5,686,827 shares of the company’s stock valued at $288,095,000 after acquiring an additional 621,738 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 11.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,515,358 shares of the company’s stock valued at $178,088,000 after purchasing an additional 359,290 shares in the last quarter. Cetera Investment Advisers raised its position in iShares Treasury Floating Rate Bond ETF by 4.5% in the 1st quarter. Cetera Investment Advisers now owns 1,778,274 shares of the company’s stock worth $90,141,000 after purchasing an additional 75,813 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in iShares Treasury Floating Rate Bond ETF by 7.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,440,842 shares of the company’s stock worth $72,993,000 after buying an additional 103,014 shares in the last quarter. Finally, Scarborough Advisors LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 7,871.4% in 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 during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.52 on Thursday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76. The stock has a fifty day moving average of $50.54 and a 200-day moving average of $50.56.

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.