Thrivent Financial for Lutherans Invests $294,000 in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Thrivent Financial for Lutherans bought a new stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,823 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors have also recently added to or reduced their stakes in TFLO. Cedar Mountain Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $28,000. Crewe Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $55,000. IMG Wealth Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth approximately $89,000. Principal Securities Inc. lifted its position in iShares Treasury Floating Rate Bond ETF by 56.6% during the 4th quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after acquiring an additional 826 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $130,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO opened at $50.50 on Friday. The firm’s 50 day moving average is $50.59 and its 200-day moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71.

iShares Treasury Floating Rate Bond ETF Company 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.