iShares Treasury Floating Rate Bond ETF $TFLO Stock Position Trimmed by Weaver Consulting Group

Weaver Consulting Group trimmed its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 447,999 shares of the company’s stock after selling 23,141 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 6.3% of Weaver Consulting Group’s holdings, making the stock its 2nd largest holding. Weaver Consulting Group’s holdings in iShares Treasury Floating Rate Bond ETF were worth $22,691,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Kingsview Wealth Management LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 1st quarter worth approximately $253,000. Brookwood Investment Group LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter valued at $7,396,000. Avantax Advisory Services Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 63.9% in the first quarter. Avantax Advisory Services Inc. now owns 150,241 shares of the company’s stock valued at $7,611,000 after buying an additional 58,585 shares in the last quarter. MRP Capital Investments LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 875.0% in the first quarter. MRP Capital Investments LLC now owns 7,800 shares of the company’s stock worth $395,000 after acquiring an additional 7,000 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 18.5% during the 1st quarter. LPL Financial LLC now owns 6,248,282 shares of the company’s stock worth $316,538,000 after acquiring an additional 975,106 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.55 on Thursday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.36 and a twelve month high of $50.69. The business has a 50-day moving average price of $50.51 and a 200 day moving average price of $50.54.

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.