Geneos Wealth Management Inc. Decreases Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Geneos Wealth Management Inc. lowered its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,897 shares of the company’s stock after selling 1,355 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,008,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Schmidt P J Investment Management Inc. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.1% in the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after buying an additional 226 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock worth $3,177,000 after buying an additional 291 shares during the period. Institute for Wealth Management LLC. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4.9% in the first quarter. Institute for Wealth Management LLC. now owns 8,371 shares of the company’s stock worth $424,000 after buying an additional 393 shares during the period. Smartleaf Asset Management LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the first quarter worth about $26,000. Finally, Pinnacle Financial Partners Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.8% in the first quarter. Pinnacle Financial Partners Inc now owns 9,819 shares of the company’s stock worth $497,000 after buying an additional 536 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.49 on Friday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.69. The business’s 50-day moving average is $50.55 and its 200 day moving average is $50.56.

About iShares Treasury Floating Rate Bond ETF

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.