iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by Private Trust Co. NA

Private Trust Co. NA reduced its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 54.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,964 shares of the company’s stock after selling 15,541 shares during the period. Private Trust Co. NA’s holdings in iShares Treasury Floating Rate Bond ETF were worth $657,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TFLO. Smartleaf Asset Management LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter worth about $26,000. Independence Bank of Kentucky acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth approximately $30,000. Robbins Farley purchased a new position in iShares Treasury Floating Rate Bond ETF in the second quarter valued at approximately $30,000. Oliver Lagore Vanvalin Investment Group acquired a new position in iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $39,000. Finally, Rossby Financial LCC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter worth approximately $78,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.52 on Friday. The firm has a fifty day moving average of $50.52 and a 200-day moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.69.

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.