iShares Treasury Floating Rate Bond ETF $TFLO Stock Sold by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC lessened its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 5.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 354,220 shares of the company’s stock after selling 18,876 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up 1.0% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its 28th largest holding. Cardinal Point Capital Management ULC owned approximately 0.25% of iShares Treasury Floating Rate Bond ETF worth $17,948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after acquiring an additional 1,920,892 shares during the period. Financial Advisory Corp increased its stake in iShares Treasury Floating Rate Bond ETF by 6.4% during the second quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock worth $80,505,000 after purchasing an additional 95,596 shares during the period. Arbor Investment Advisors LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 8.3% during the first quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock worth $67,734,000 after purchasing an additional 102,751 shares during the period. Capital Asset Advisory Services LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 17.4% during the first quarter. Capital Asset Advisory Services LLC now owns 1,182,871 shares of the company’s stock worth $59,818,000 after purchasing an additional 175,263 shares in the last quarter. Finally, Rinkey Investments lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 20.6% during the second quarter. Rinkey Investments now owns 961,211 shares of the company’s stock worth $48,666,000 after purchasing an additional 164,450 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.62 on Thursday. The firm has a 50 day simple moving average of $50.59 and a 200-day simple moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year high of $50.67.

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.