iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Sold by Element Wealth LLC

Element Wealth LLC lowered its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 174,882 shares of the company’s stock after selling 8,974 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 4.7% of Element Wealth LLC’s investment portfolio, making the stock its 3rd biggest position. Element Wealth LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $8,849,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TFLO. LPL Financial LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 12.3% during the 2nd quarter. LPL Financial LLC now owns 5,686,827 shares of the company’s stock worth $288,095,000 after acquiring an additional 621,738 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,515,358 shares of the company’s stock valued at $178,088,000 after purchasing an additional 359,290 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares Treasury Floating Rate Bond ETF by 16.1% in the 2nd quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock valued at $104,618,000 after buying an additional 286,831 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in iShares Treasury Floating Rate Bond ETF by 7.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,440,842 shares of the company’s stock worth $72,993,000 after acquiring an additional 103,014 shares during the period. Finally, Wealthspire Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 43.0% during the 2nd quarter. Wealthspire Advisors LLC now owns 1,383,075 shares of the company’s stock worth $70,067,000 after acquiring an additional 415,559 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:TFLO opened at $50.58 on Friday. The stock’s 50-day moving average is $50.53 and its 200-day moving average is $50.55. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.37 and a 52-week high of $50.76.

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.