Axxcess Wealth Management LLC trimmed its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 25.6% during the 4th quarter, Holdings Channel reports. The firm owned 998,661 shares of the company’s stock after selling 342,766 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $50,392,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of TFLO. AlphaCore Capital LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $42,267,000. Bank of America Corp DE grew its position in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in iShares Treasury Floating Rate Bond ETF by 2,963.4% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock valued at $20,825,000 after acquiring an additional 399,224 shares during the last quarter. Arta Finance Wealth Management LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $13,930,000. Finally, Jane Street Group LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $11,961,000.
iShares Treasury Floating Rate Bond ETF Stock Performance
Shares of NYSEARCA TFLO opened at $50.59 on Friday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.67. The firm’s 50 day simple moving average is $50.57 and its two-hundred day simple moving average is $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.
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Want to see what other hedge funds are holding TFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report).
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