iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC cut its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 89.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 77,102 shares of the company’s stock after selling 682,006 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whittier Trust Co. acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth about $28,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after purchasing an additional 503 shares during the last quarter. Addison Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter worth about $41,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth about $59,000. Finally, Twin City Private Wealth LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 48.9% in the second quarter. Twin City Private Wealth LLC now owns 2,713 shares of the company’s stock valued at $137,000 after buying an additional 891 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.53 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 $50.51 and a two-hundred day moving average of $50.53.

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.