Proficio Capital Partners LLC Has $26.64 Million Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Proficio Capital Partners LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 535.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 527,890 shares of the company’s stock after buying an additional 444,805 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $26,643,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Oxbow Advisors LLC increased its position in iShares Treasury Floating Rate Bond ETF by 59.6% during the third quarter. Oxbow Advisors LLC now owns 2,676,362 shares of the company’s stock worth $135,424,000 after buying an additional 999,068 shares during the last quarter. BIP Wealth LLC increased its position in iShares Treasury Floating Rate Bond ETF by 19.5% during the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock worth $74,847,000 after buying an additional 241,272 shares during the last quarter. Capital Asset Advisory Services LLC increased its position in iShares Treasury Floating Rate Bond ETF by 0.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,197,997 shares of the company’s stock worth $60,487,000 after buying an additional 10,903 shares during the last quarter. Axxcess Wealth Management LLC increased its position in iShares Treasury Floating Rate Bond ETF by 10.6% during the third quarter. Axxcess Wealth Management LLC now owns 1,185,988 shares of the company’s stock worth $60,011,000 after buying an additional 113,938 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 99.4% during the fourth quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock valued at $45,820,000 after acquiring an additional 452,562 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.67 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The company has a 50-day moving average of $50.56 and a two-hundred day moving average of $50.54.

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.