SVB Wealth LLC Has $1.03 Million Position in iShares Treasury Floating Rate Bond ETF $TFLO

SVB Wealth LLC trimmed its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 37.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,402 shares of the company’s stock after selling 12,265 shares during the quarter. SVB Wealth LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,032,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 134.1% during the first quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after buying an additional 17,265 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 34.4% during the 2nd quarter. Truist Financial Corp now owns 19,389 shares of the company’s stock valued at $982,000 after acquiring an additional 4,958 shares in the last quarter. CWM LLC grew its position in iShares Treasury Floating Rate Bond ETF by 16.3% during the 2nd quarter. CWM LLC now owns 112,298 shares of the company’s stock worth $5,688,000 after acquiring an additional 15,780 shares during the last quarter. MGO One Seven LLC grew its position in iShares Treasury Floating Rate Bond ETF by 8.7% during the 2nd quarter. MGO One Seven LLC now owns 62,401 shares of the company’s stock worth $3,161,000 after acquiring an additional 4,999 shares during the last quarter. Finally, Elmwood Wealth Management Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 25.5% in the 2nd quarter. Elmwood Wealth Management Inc. now owns 175,492 shares of the company’s stock worth $8,889,000 after purchasing an additional 35,670 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

iShares Treasury Floating Rate Bond ETF stock opened at $50.54 on Wednesday. The stock has a 50-day moving average price of $50.51 and a two-hundred day moving average price of $50.52. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.67.

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.