Mutual Advisors LLC Decreases Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Mutual Advisors LLC cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 153,188 shares of the company’s stock after selling 41,866 shares during the quarter. Mutual Advisors LLC owned 0.11% of iShares Treasury Floating Rate Bond ETF worth $7,748,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. PBMares Wealth Management LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.5% during the third quarter. PBMares Wealth Management LLC now owns 8,147 shares of the company’s stock worth $412,000 after acquiring an additional 500 shares in the last quarter. Arbor Investment Advisors LLC increased its position in iShares Treasury Floating Rate Bond ETF by 10.0% during the 3rd quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock valued at $84,747,000 after purchasing an additional 151,847 shares during the period. Richardson Financial Services Inc. increased its position in iShares Treasury Floating Rate Bond ETF by 2.5% during the 3rd quarter. Richardson Financial Services Inc. now owns 25,760 shares of the company’s stock valued at $1,305,000 after purchasing an additional 621 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in iShares Treasury Floating Rate Bond ETF by 134.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 128,729 shares of the company’s stock valued at $6,514,000 after purchasing an additional 73,881 shares during the period. Finally, PFG Investments LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at $225,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA TFLO opened at $50.60 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.76. The firm has a 50-day moving average of $50.53 and a 200 day moving average of $50.56.

iShares Treasury Floating Rate Bond ETF 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.