Pioneer Wealth Management Group Cuts Position in iShares Treasury Floating Rate Bond ETF $TFLO

Pioneer Wealth Management Group decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,203 shares of the company’s stock after selling 20,825 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 1.2% of Pioneer Wealth Management Group’s investment portfolio, making the stock its 11th largest holding. Pioneer Wealth Management Group owned 0.08% of iShares Treasury Floating Rate Bond ETF worth $5,073,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after acquiring an additional 1,920,892 shares during the period. AlphaCore Capital LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $42,267,000. LPL Financial LLC raised its holdings in iShares Treasury Floating Rate Bond ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock worth $340,926,000 after purchasing an additional 426,615 shares during the last quarter. ARK & TLK Investments LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 116.1% during the fourth quarter. ARK & TLK Investments LLC now owns 503,104 shares of the company’s stock worth $25,387,000 after purchasing an additional 270,296 shares in the last quarter. Finally, Wealthspire Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 18.3% in the fourth quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock valued at $87,015,000 after purchasing an additional 266,825 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Down 0.0%

NYSEARCA:TFLO opened at $50.52 on Thursday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67. The stock has a fifty day simple moving average of $50.57 and a 200-day simple moving average of $50.57.

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.