Sax Wealth Advisors LLC Reduces Position in iShares Treasury Floating Rate Bond ETF $TFLO

Sax Wealth Advisors LLC trimmed its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 35.1% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 75,792 shares of the company’s stock after selling 40,994 shares during the quarter. Sax Wealth Advisors LLC owned about 0.06% of iShares Treasury Floating Rate Bond ETF worth $3,837,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Bank of America Corp DE boosted its holdings 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 valued at $392,137,000 after acquiring an additional 1,920,892 shares during the last quarter. AlphaCore Capital LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $42,267,000. LPL Financial LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after purchasing an additional 426,615 shares during the period. ARK & TLK Investments LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 116.1% during the fourth quarter. ARK & TLK Investments LLC now owns 503,104 shares of the company’s stock valued at $25,387,000 after purchasing an additional 270,296 shares during the period. Finally, Wealthspire Advisors LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 18.3% in the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after purchasing an additional 266,825 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

NYSEARCA:TFLO opened at $50.55 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 company has a 50 day simple moving average of $50.57 and a two-hundred day simple moving average of $50.57.

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.