iShares Treasury Floating Rate Bond ETF $TFLO Position Reduced by Citadel Advisors LLC

Citadel Advisors LLC trimmed its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 79.9% in the second quarter, HoldingsChannel.com reports. The firm owned 17,188 shares of the company’s stock after selling 68,330 shares during the quarter. Citadel Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $870,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth approximately $32,000. Compass Financial Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at $32,000. Core Wealth Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $53,000. Strive Financial Group LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at $55,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $59,000.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.57 on Friday. The business has a fifty day simple moving average of $50.58 and a 200-day simple moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67.

iShares Treasury Floating Rate Bond ETF 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.