Lionshead Wealth Management LLC Lowers Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Lionshead Wealth Management LLC cut its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 30.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,835 shares of the company’s stock after selling 18,890 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 2.0% of Lionshead Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Lionshead Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. NFP Retirement Inc. raised its position in shares of iShares Treasury Floating Rate Bond ETF by 3.6% during the 2nd quarter. NFP Retirement Inc. now owns 581,563 shares of the company’s stock valued at $29,456,000 after buying an additional 20,112 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 379.9% in the second quarter. TD Waterhouse Canada Inc. now owns 5,874 shares of the company’s stock valued at $296,000 after acquiring an additional 4,650 shares during the last quarter. Wealthspire Advisors LLC raised its position in iShares Treasury Floating Rate Bond ETF by 2.5% during the second quarter. Wealthspire Advisors LLC now owns 1,297,463 shares of the company’s stock valued at $65,717,000 after purchasing an additional 31,395 shares in the last quarter. Invenio Wealth Partners LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter valued at about $6,020,000. Finally, Sykon Capital LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter worth about $2,275,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO opened at $50.53 on Thursday. The stock has a 50-day moving average price of $50.51 and a 200-day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-month high of $50.69.

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.