Truist Financial Corp Sells 13,827 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Truist Financial Corp cut its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 56.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,522 shares of the company’s stock after selling 13,827 shares during the quarter. Truist Financial Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $531,000 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 business. Composition Wealth LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 36.4% in the fourth quarter. Composition Wealth LLC now owns 45,701 shares of the company’s stock valued at $2,306,000 after buying an additional 12,203 shares in the last quarter. Broussard Financial Group LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $1,117,000. Fifth Third Bancorp increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 42.2% in the fourth quarter. Fifth Third Bancorp now owns 2,332 shares of the company’s stock valued at $118,000 after buying an additional 692 shares in the last quarter. Mutual Advisors LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 9.5% in the fourth quarter. Mutual Advisors LLC now owns 135,201 shares of the company’s stock valued at $6,822,000 after buying an additional 11,712 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 26.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 35,816 shares of the company’s stock valued at $1,807,000 after buying an additional 7,528 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.58 on Wednesday. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67. The business has a fifty day moving average of $50.56 and a 200-day moving average of $50.54.

iShares Treasury Floating Rate Bond ETF Company 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.