Moulton Wealth Management Inc. Cuts Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Moulton Wealth Management Inc. trimmed its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 41.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 271,371 shares of the company’s stock after selling 190,031 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 9.1% of Moulton Wealth Management Inc.’s portfolio, making the stock its 2nd biggest position. Moulton Wealth Management Inc. owned 0.21% of iShares Treasury Floating Rate Bond ETF worth $13,704,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its position in iShares Treasury Floating Rate Bond ETF by 33.0% in 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 last quarter. LPL Financial LLC lifted its position in shares of 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. Mariner LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 1.9% during the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after purchasing an additional 32,589 shares during the last quarter. Wealthspire Advisors LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 18.3% during 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 period. Finally, Arbor Investment Advisors LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 8.3% during the first quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock valued at $67,734,000 after purchasing an additional 102,751 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.53 on Wednesday. The company’s 50-day moving average price is $50.57 and its 200-day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.67.

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.