iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by BIP Wealth LLC

BIP Wealth LLC cut its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,202,286 shares of the company’s stock after selling 319,184 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up approximately 1.7% of BIP Wealth LLC’s investment portfolio, making the stock its 8th largest holding. BIP Wealth LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $60,920,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TFLO. Bank of America Corp DE grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock worth $392,137,000 after acquiring an additional 1,920,892 shares in the last quarter. Financial Advisory Corp grew its holdings in iShares Treasury Floating Rate Bond ETF by 6.4% in the 2nd quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock valued at $80,505,000 after buying an additional 95,596 shares in the last quarter. Arbor Investment Advisors LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 8.3% in the first quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock valued at $67,734,000 after acquiring an additional 102,751 shares in the last quarter. Capital Asset Advisory Services LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 17.4% during the 1st quarter. Capital Asset Advisory Services LLC now owns 1,182,871 shares of the company’s stock worth $59,818,000 after purchasing an additional 175,263 shares in the last quarter. Finally, Rinkey Investments increased its stake in iShares Treasury Floating Rate Bond ETF by 20.6% during the 2nd quarter. Rinkey Investments now owns 961,211 shares of the company’s stock worth $48,666,000 after acquiring an additional 164,450 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.65 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.67. The firm has a 50 day moving average of $50.59 and a 200-day moving average of $50.58.

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.