IMG Wealth Management Inc. Has $69,000 Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

IMG Wealth Management Inc. cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 88.5% during the third quarter, HoldingsChannel.com reports. The firm owned 1,365 shares of the company’s stock after selling 10,472 shares during the quarter. IMG Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $69,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Beacon Financial Group increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 17.1% during the third quarter. Beacon Financial Group now owns 432,582 shares of the company’s stock worth $21,884,000 after purchasing an additional 63,231 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $682,000. Financial Advisory Corp raised its holdings in iShares Treasury Floating Rate Bond ETF by 1.4% in the 3rd quarter. Financial Advisory Corp now owns 1,647,090 shares of the company’s stock valued at $83,326,000 after acquiring an additional 23,031 shares in the last quarter. Aquire Wealth Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 20.2% during the 3rd quarter. Aquire Wealth Advisors LLC now owns 159,392 shares of the company’s stock worth $8,064,000 after purchasing an additional 26,804 shares in the last quarter. Finally, Capital Asset Advisory Services LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 2.2% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 1,341,064 shares of the company’s stock worth $67,844,000 after purchasing an additional 28,560 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.51 on Thursday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67. The firm’s 50-day moving average price is $50.51 and its two-hundred day moving average price is $50.53.

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.