Royal Bank of Canada Sells 233,995 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Royal Bank of Canada lessened its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 18.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,023,783 shares of the company’s stock after selling 233,995 shares during the quarter. Royal Bank of Canada owned approximately 0.78% of iShares Treasury Floating Rate Bond ETF worth $51,835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TFLO. Federation des caisses Desjardins du Quebec lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 0.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 83,440 shares of the company’s stock worth $4,210,000 after purchasing an additional 282 shares during the period. GC Wealth Management RIA LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 6.1% during the first quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock worth $277,000 after buying an additional 315 shares during the last quarter. Darden Wealth Group Inc raised its stake in iShares Treasury Floating Rate Bond ETF by 1.4% during the fourth quarter. Darden Wealth Group Inc now owns 23,761 shares of the company’s stock worth $1,199,000 after buying an additional 326 shares during the last quarter. Lido Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 4.1% during the fourth quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock worth $431,000 after buying an additional 339 shares during the last quarter. Finally, Redwood Financial Network Corp lifted its holdings in iShares Treasury Floating Rate Bond ETF by 2.8% in the fourth quarter. Redwood Financial Network Corp now owns 14,789 shares of the company’s stock valued at $746,000 after buying an additional 407 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.66 on Monday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.67. The firm has a 50-day moving average of $50.58 and a 200-day moving average of $50.57.

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.