iShares Treasury Floating Rate Bond ETF $TFLO Stake Reduced by FORM Wealth Advisors LLC

FORM Wealth Advisors LLC cut its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 89.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 60,645 shares of the company’s stock after selling 524,832 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 0.3% of FORM Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. FORM Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,070,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Redhawk Wealth Advisors Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth about $329,000. Financial Advisory Corp lifted its position in iShares Treasury Floating Rate Bond ETF by 6.4% in the 2nd quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock valued at $80,505,000 after purchasing an additional 95,596 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 8.0% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 215,534 shares of the company’s stock valued at $10,912,000 after purchasing an additional 15,877 shares during the period. Baring Financial LLC grew its position in iShares Treasury Floating Rate Bond ETF by 1.5% in the 2nd quarter. Baring Financial LLC now owns 98,134 shares of the company’s stock worth $4,969,000 after purchasing an additional 1,404 shares during the last quarter. Finally, Wellington Grp LLC grew its position in iShares Treasury Floating Rate Bond ETF by 9.1% in the 1st quarter. Wellington Grp LLC now owns 268,379 shares of the company’s stock worth $13,588,000 after purchasing an additional 22,358 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.56 on Wednesday. The business’s 50 day moving average is $50.57 and its 200-day moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67.

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.