US Bancorp DE Cuts Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

US Bancorp DE lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLOFree Report) by 2.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 354,466 shares of the company’s stock after selling 8,451 shares during the quarter. US Bancorp DE’s holdings in iShares Treasury Floating Rate Bond ETF were worth $17,890,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TFLO. Envestnet Asset Management Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 732.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock worth $1,490,106,000 after purchasing an additional 25,839,099 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 113.7% during the third quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock worth $595,509,000 after buying an additional 6,243,626 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at $188,259,000. Morgan Stanley increased its position in shares of iShares Treasury Floating Rate Bond ETF by 86.4% in the 3rd quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock valued at $379,426,000 after acquiring an additional 3,465,283 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth $163,207,000.

iShares Treasury Floating Rate Bond ETF Stock Down 0.0 %

Shares of TFLO opened at $50.66 on Friday. The stock has a 50-day moving average of $50.59 and a two-hundred day moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76.

iShares Treasury Floating Rate Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

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