MFA Wealth Services Trims Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

MFA Wealth Services decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 49.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 25,445 shares of the company’s stock after selling 25,269 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 0.9% of MFA Wealth Services’ portfolio, making the stock its 28th biggest position. MFA Wealth Services’ holdings in iShares Treasury Floating Rate Bond ETF were worth $1,287,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of TFLO. Flow Traders U.S. LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $2,313,000. Elevation Point Wealth Partners LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter valued at $2,134,000. Creative Planning boosted its stake in iShares Treasury Floating Rate Bond ETF by 0.8% in the third quarter. Creative Planning now owns 340,329 shares of the company’s stock valued at $17,217,000 after acquiring an additional 2,819 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares Treasury Floating Rate Bond ETF by 17.8% in the third quarter. Raymond James Financial Inc. now owns 1,029,362 shares of the company’s stock valued at $52,075,000 after acquiring an additional 155,833 shares in the last quarter. Finally, Keebeck Wealth Management purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter worth about $690,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

TFLO opened at $50.57 on Tuesday. The business’s 50-day simple moving average is $50.55 and its 200-day simple moving average is $50.52. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.67.

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.