B. Riley Wealth Advisors Inc. Lowers Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

B. Riley Wealth Advisors Inc. reduced its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 37.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,429 shares of the company’s stock after selling 3,922 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $325,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Destination Wealth Management raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.8% during the 3rd quarter. Destination Wealth Management now owns 41,143 shares of the company’s stock worth $2,082,000 after buying an additional 715 shares in the last quarter. SkyView Investment Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the third quarter worth $3,226,000. Coldstream Capital Management Inc. acquired a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter valued at $203,000. Strait & Sound Wealth Management LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 186.3% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 15,782 shares of the company’s stock worth $799,000 after purchasing an additional 10,269 shares in the last quarter. Finally, Brophy Wealth Management LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth $895,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.1 %

Shares of TFLO opened at $50.41 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The company has a 50-day simple moving average of $50.53 and a 200-day simple moving average of $50.53.

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.