iShares Treasury Floating Rate Bond ETF Experiences Big Inflow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2024
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Source: NASDAQ.COM
- Stock Analysis: TFLO's 52-week range is $50.37 to $50.76 per share, with the last trade at $50.63. Comparing the share price to the 200-day moving average is a useful technical analysis technique.
- ETF Trading: Exchange-traded funds (ETFs) are traded like stocks, with investors buying and selling "units." These units can be created or destroyed based on investor demand, impacting the underlying holdings of the ETF.
- Monitoring Flows: Weekly monitoring of changes in shares outstanding data helps track notable inflows (new units created) or outflows (old units destroyed) in ETFs. Large flows can affect the individual components held within ETFs.
- Find Out More: The article provides information on 9 other ETFs that had notable inflows, offering insights into investment trends.
- Disclaimer: The views and opinions expressed in the article are those of the author and may not necessarily reflect those of Nasdaq, Inc.
Analyst Views on TFLO
Wall Street analysts forecast TFLO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TFLO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 50.590
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Current: 50.590
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
