Robertson Stephens Wealth Management LLC Trims Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Robertson Stephens Wealth Management LLC trimmed its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 69.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 30,571 shares of the company’s stock after selling 70,901 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,543,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cullen Frost Bankers Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the third quarter worth about $25,000. Atticus Wealth Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the third quarter worth about $30,000. North Star Investment Management Corp. purchased a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $33,000. NBC Securities Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the third quarter worth about $66,000. Finally, Fifth Third Bancorp raised its holdings in iShares Treasury Floating Rate Bond ETF by 545.7% during the fourth quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after purchasing an additional 1,457 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

NYSEARCA TFLO traded up $0.02 during trading hours on Thursday, hitting $50.50. 511,039 shares of the stock were exchanged, compared to its average volume of 2,901,429. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76. The stock has a 50-day moving average of $50.59 and a 200 day moving average of $50.59.

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.