Cypress Capital LLC Has $9.04 Million Stake in iShares Treasury Floating Rate Bond ETF $TFLO

Cypress Capital LLC decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 51.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 178,461 shares of the company’s stock after selling 189,668 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 2.6% of Cypress Capital LLC’s holdings, making the stock its 10th largest position. Cypress Capital LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $9,039,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 5.1% in the 1st quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after purchasing an additional 226 shares during the last quarter. Endowment Wealth Management Inc. raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 10.5% in the 2nd quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock worth $224,000 after buying an additional 421 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock valued at $36,000 after buying an additional 503 shares during the period. Smartleaf Asset Management LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the first quarter valued at $26,000. Finally, Strait & Sound Wealth Management LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 8.3% during the 2nd quarter. Strait & Sound Wealth Management LLC now owns 6,837 shares of the company’s stock valued at $346,000 after purchasing an additional 523 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.48 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.69. The firm’s 50 day moving average price is $50.51 and its two-hundred day moving average price is $50.55.

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.