J2 Capital Management Inc cut its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 21.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,220 shares of the company’s stock after selling 72,949 shares during the period. iShares Treasury Floating Rate Bond ETF comprises about 10.5% of J2 Capital Management Inc’s holdings, making the stock its 2nd largest position. J2 Capital Management Inc owned about 0.20% of iShares Treasury Floating Rate Bond ETF worth $13,231,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in TFLO. LPL Financial LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 18.5% during the first quarter. LPL Financial LLC now owns 6,248,282 shares of the company’s stock worth $316,538,000 after purchasing an additional 975,106 shares in the last quarter. BIP Wealth LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 15.5% in the 1st quarter. BIP Wealth LLC now owns 1,813,204 shares of the company’s stock valued at $91,857,000 after acquiring an additional 242,881 shares in the last quarter. Financial Advisory Corp boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 2.3% in the first quarter. Financial Advisory Corp now owns 1,629,601 shares of the company’s stock valued at $82,556,000 after acquiring an additional 36,152 shares during the period. Capital Asset Advisory Services LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 2.8% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 1,312,504 shares of the company’s stock worth $66,242,000 after buying an additional 36,116 shares during the period. Finally, Wealthspire Advisors LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4.0% in the first quarter. Wealthspire Advisors LLC now owns 1,266,068 shares of the company’s stock valued at $64,139,000 after buying an additional 48,964 shares during the last quarter.
iShares Treasury Floating Rate Bond ETF Stock Performance
Shares of TFLO opened at $50.42 on Thursday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.69. The stock’s 50-day moving average price is $50.55 and its two-hundred day moving average price is $50.56.
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.
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