Slow Capital Inc. lessened its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 30.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 24,935 shares of the company’s stock after selling 10,941 shares during the quarter. Slow Capital Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,258,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PFG Investments LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $236,000. Elevation Capital Advisory LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth approximately $6,563,000. Valmark Advisers Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 11.5% during the fourth quarter. Valmark Advisers Inc. now owns 12,297 shares of the company’s stock worth $621,000 after acquiring an additional 1,264 shares during the period. Invested Advisors bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $505,000. Finally, Farther Finance Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.2% during the fourth quarter. Farther Finance Advisors LLC now owns 266,948 shares of the company’s stock valued at $13,470,000 after acquiring an additional 5,817 shares in the last quarter.
iShares Treasury Floating Rate Bond ETF Stock Performance
Shares of NYSEARCA TFLO opened at $50.55 on Friday. 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 50 day moving average price of $50.56 and a 200 day moving average price of $50.53.
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.
Further Reading
Want to see what other hedge funds are holding TFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report).
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