Almanack Investment Partners LLC. Reduces Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Almanack Investment Partners LLC. lowered its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,629 shares of the company’s stock after selling 696 shares during the period. Almanack Investment Partners LLC.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,172,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TFLO. LPL Financial LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.5% in the first quarter. LPL Financial LLC now owns 6,248,282 shares of the company’s stock worth $316,538,000 after purchasing an additional 975,106 shares during the period. SPC Financial Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 151.0% in the second quarter. SPC Financial Inc. now owns 1,406,426 shares of the company’s stock valued at $71,235,000 after acquiring an additional 846,162 shares during the last quarter. Moloney Securities Asset Management LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 1,029.6% in the first quarter. Moloney Securities Asset Management LLC now owns 712,598 shares of the company’s stock valued at $36,100,000 after acquiring an additional 649,516 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the first quarter valued at $26,780,000. Finally, Hartline Investment Corp bought a new position in iShares Treasury Floating Rate Bond ETF in the first quarter valued at $21,192,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:TFLO opened at $50.49 on Monday. The stock’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.55. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-month 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.