iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Sold by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC cut its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 62.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 121,057 shares of the company’s stock after selling 203,363 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 4.5% of Magnolia Capital Advisors LLC’s portfolio, making the stock its 5th largest position. Magnolia Capital Advisors LLC owned approximately 0.06% of iShares Treasury Floating Rate Bond ETF worth $6,136,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Cullen Frost Bankers Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at $25,000. Atticus Wealth Management LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at approximately $30,000. North Star Investment Management Corp. purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $33,000. NBC Securities Inc. bought a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at $66,000. Finally, Fifth Third Bancorp boosted its holdings in iShares Treasury Floating Rate Bond ETF by 545.7% during the 4th quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock worth $87,000 after acquiring an additional 1,457 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock remained flat at $50.63 on Wednesday. 1,411,101 shares of the stock traded hands, compared to its average volume of 2,955,369. The company’s 50-day moving average is $50.59 and its 200 day moving average is $50.58. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76.

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.