Money Concepts Capital Corp Decreases Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Money Concepts Capital Corp reduced its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 29.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,358 shares of the company’s stock after selling 17,478 shares during the period. Money Concepts Capital Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,087,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TFLO. Bank of America Corp DE raised 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 during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in iShares Treasury Floating Rate Bond ETF by 2,963.4% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock worth $20,825,000 after acquiring an additional 399,224 shares during the last quarter. Arta Finance Wealth Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $13,930,000. Jane Street Group LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $11,961,000. Finally, Raymond James Financial Inc. raised its holdings in iShares Treasury Floating Rate Bond ETF by 17.8% in the 3rd quarter. Raymond James Financial Inc. now owns 1,029,362 shares of the company’s stock worth $52,075,000 after acquiring an additional 155,833 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.55 on Wednesday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67. The company has a 50 day moving average of $50.56 and a 200 day moving average of $50.54.

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.