Pioneer Wealth Management Group Reduces Position in iShares Treasury Floating Rate Bond ETF $TFLO

Pioneer Wealth Management Group trimmed its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.2% in the second quarter, HoldingsChannel.com reports. The fund owned 100,203 shares of the company’s stock after selling 20,825 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 1.2% of Pioneer Wealth Management Group’s portfolio, making the stock its 11th biggest position. Pioneer Wealth Management Group’s holdings in iShares Treasury Floating Rate Bond ETF were worth $5,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in TFLO. Evolution Wealth Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $32,000. Core Wealth Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $53,000. Strive Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $55,000. Chapman Financial Group LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $59,000. Finally, Optima Capital LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $62,000.

iShares Treasury Floating Rate Bond ETF Stock Down 0.0%

TFLO stock opened at $50.52 on Thursday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.67. The company has a 50 day moving average price of $50.57 and a two-hundred day moving average price of $50.57.

iShares Treasury Floating Rate Bond ETF Company 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.