iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Position Trimmed by Oxbow Advisors LLC

Oxbow Advisors LLC decreased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 14.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,677,294 shares of the company’s stock after selling 279,446 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises 10.0% of Oxbow Advisors LLC’s holdings, making the stock its biggest position. Oxbow Advisors LLC owned approximately 1.23% of iShares Treasury Floating Rate Bond ETF worth $84,972,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Able Wealth Management LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $628,000. Morningstar Investment Services LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 255.9% in the 4th quarter. Morningstar Investment Services LLC now owns 44,546 shares of the company’s stock valued at $2,248,000 after acquiring an additional 32,029 shares during the last quarter. Portfolio Design Labs LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $16,377,000. Orion Portfolio Solutions LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 29.4% during the fourth quarter. Orion Portfolio Solutions LLC now owns 409,824 shares of the company’s stock worth $20,700,000 after purchasing an additional 93,132 shares during the last quarter. Finally, BCU Wealth Advisors LLC acquired a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at $896,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO traded up $0.02 during trading on Friday, reaching $50.46. 1,402,130 shares of the company traded hands, compared to its average volume of 2,316,612. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76. The firm’s fifty day simple moving average is $50.54 and its 200 day simple moving average is $50.57.

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.