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

SteelPeak Wealth LLC decreased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 3.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 96,275 shares of the company’s stock after selling 3,925 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $4,859,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BIP Wealth LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 19.5% during the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after acquiring an additional 241,272 shares during the period. Chris Bulman Inc increased its position in shares of iShares Treasury Floating Rate Bond ETF by 13.4% during the 3rd quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock valued at $1,972,000 after purchasing an additional 4,609 shares during the period. BNP Paribas Financial Markets raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 190.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock worth $3,774,000 after buying an additional 48,944 shares in the last quarter. WESCAP Management Group Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.2% in the third quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock valued at $14,420,000 after buying an additional 3,502 shares during the period. Finally, Coldstream Capital Management Inc. bought a new position in iShares Treasury Floating Rate Bond ETF during the third quarter valued at about $203,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.65 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71. The company’s 50-day moving average price is $50.53 and its two-hundred day moving average price is $50.53.

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.