Guidance Capital Inc. Raises Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Guidance Capital Inc. boosted its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 76.6% in the fourth quarter, HoldingsChannel reports. The fund owned 40,100 shares of the company’s stock after purchasing an additional 17,391 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up 0.6% of Guidance Capital Inc.’s portfolio, making the stock its 27th largest position. Guidance Capital Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,030,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BIP Wealth LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 19.5% during the 3rd quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares during the last quarter. Chris Bulman Inc increased its position in iShares Treasury Floating Rate Bond ETF by 13.4% during the 3rd quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock valued at $1,972,000 after buying an additional 4,609 shares in the last quarter. BNP Paribas Financial Markets raised its stake in iShares Treasury Floating Rate Bond ETF by 190.9% in the third quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock valued at $3,774,000 after buying an additional 48,944 shares during the last quarter. WESCAP Management Group Inc. raised its stake in iShares Treasury Floating Rate Bond ETF by 1.2% in the third quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock valued at $14,420,000 after buying an additional 3,502 shares during the last quarter. Finally, Coldstream Capital Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth about $203,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.52 on Wednesday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.36 and a fifty-two week high of $50.71. The stock’s 50-day simple moving average is $50.53 and its 200-day simple moving average is $50.53.

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.