Panoramic Investment Advisors LLC Has $830,000 Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Panoramic Investment Advisors LLC reduced its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 54.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 16,365 shares of the company’s stock after selling 19,302 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $830,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Atticus Wealth Management LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $30,000. SouthState Corp bought a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $41,000. Fifth Third Bancorp boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 545.7% in the 4th quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock valued at $87,000 after purchasing an additional 1,457 shares in the last quarter. Criterion Capital Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $98,000. Finally, Northwest Capital Management Inc acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $122,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock traded up $0.02 on Tuesday, hitting $50.48. 534,733 shares of the company’s stock were exchanged, compared to its average volume of 2,554,478. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.37 and a 12 month high of $50.76. The company has a 50 day moving average of $50.59 and a 200 day moving average of $50.57.

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.