iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 11.5% during the first quarter, Holdings Channel reports. The institutional investor owned 238,560 shares of the company’s stock after selling 30,932 shares during the period. Private Advisor Group LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $12,078,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Evolution Wealth Management Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $32,000. Core Wealth Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $53,000. Strive Financial Group LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth approximately $55,000. Chapman Financial Group LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $59,000. Finally, Optima Capital LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $62,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.52 on Friday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.66. The business’s fifty day moving average is $50.57 and its 200-day moving average is $50.55.

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.