SPC Financial Inc. Has $42.68 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

SPC Financial Inc. trimmed its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 40.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 843,550 shares of the company’s stock after selling 562,876 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for approximately 3.3% of SPC Financial Inc.’s holdings, making the stock its 4th largest position. SPC Financial Inc. owned about 0.66% of iShares Treasury Floating Rate Bond ETF worth $42,675,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Laurel Wealth Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 5,146.9% in the second quarter. Laurel Wealth Advisors LLC now owns 25,370,114 shares of the company’s stock worth $1,284,996,000 after buying an additional 24,886,588 shares during the period. Bank of America Corp DE increased its holdings in iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after acquiring an additional 637,336 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Treasury Floating Rate Bond ETF by 6.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,347,201 shares of the company’s stock worth $118,745,000 after acquiring an additional 136,476 shares during the period. Financial Advisory Corp lifted its holdings in iShares Treasury Floating Rate Bond ETF by 1.4% during the third quarter. Financial Advisory Corp now owns 1,647,090 shares of the company’s stock valued at $83,326,000 after purchasing an additional 23,031 shares in the last quarter. Finally, Capital Asset Advisory Services LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 2.2% in the third quarter. Capital Asset Advisory Services LLC now owns 1,341,064 shares of the company’s stock worth $67,844,000 after purchasing an additional 28,560 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO opened at $50.53 on Friday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67. The firm has a fifty day moving average price of $50.51 and a 200-day moving average price of $50.52.

iShares Treasury Floating Rate Bond ETF Company 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.