Janney Montgomery Scott LLC Cuts Position in iShares Treasury Floating Rate Bond ETF $TFLO

Janney Montgomery Scott LLC decreased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156,296 shares of the company’s stock after selling 18,610 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $7,913,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TFLO. Evolution Wealth Management Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $32,000. Core Wealth Advisors LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $53,000. Strive Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $55,000. Chapman Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth $59,000. Finally, Optima Capital LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $62,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.52 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.66. The stock’s fifty day moving average is $50.57 and its two-hundred day moving average is $50.55.

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.