GeoWealth Management LLC Sells 423,539 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

GeoWealth Management LLC cut its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 76.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 129,898 shares of the company’s stock after selling 423,539 shares during the period. GeoWealth Management LLC owned about 0.10% of iShares Treasury Floating Rate Bond ETF worth $6,579,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lido Advisors LLC increased its position in iShares Treasury Floating Rate Bond ETF by 2.7% during the second quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock valued at $409,000 after acquiring an additional 213 shares during the last quarter. Schmidt P J Investment Management Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 5.1% during the 1st quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock valued at $237,000 after purchasing an additional 226 shares during the period. Endowment Wealth Management Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 10.5% during the 2nd quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock valued at $224,000 after purchasing an additional 421 shares during the period. GPS Wealth Strategies Group LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 250.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock valued at $36,000 after purchasing an additional 503 shares during the last quarter. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 1st quarter valued at about $26,000.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.46 on Friday. The company’s 50 day moving average is $50.52 and its 200 day moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-month high of $50.69.

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.