iShares Treasury Floating Rate Bond ETF $TFLO Stock: Trek Financial LLC Lowers Stake

Trek Financial LLC trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 38.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,764 shares of the company’s stock after selling 11,279 shares during the quarter. Trek Financial LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $900,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of TFLO. Bank of America Corp DE lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 33.0% in the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock worth $392,137,000 after acquiring an additional 1,920,892 shares during the last quarter. Financial Advisory Corp boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.4% during the 2nd 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 grew its holdings in iShares Treasury Floating Rate Bond ETF by 8.3% during the 1st quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock valued at $67,734,000 after purchasing an additional 102,751 shares during the last quarter. Stash Investments LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 5.0% during the 3rd quarter. Stash Investments LLC now owns 1,061,882 shares of the company’s stock valued at $53,806,000 after purchasing an additional 50,337 shares during the last quarter. Finally, Walker Financial Services Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 24.1% in the 3rd quarter. Walker Financial Services Inc. now owns 1,057,524 shares of the company’s stock worth $53,585,000 after purchasing an additional 205,555 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.53 on Tuesday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.71. The company’s 50-day moving average is $50.60 and its 200 day moving average is $50.58.

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.