FWG Holdings LLC Sells 13,404 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

FWG Holdings LLC reduced its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 14.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 82,250 shares of the company’s stock after selling 13,404 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 1.6% of FWG Holdings LLC’s portfolio, making the stock its 13th biggest position. FWG Holdings LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $4,164,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in TFLO. Goldman Sachs Group Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 134.1% in the first quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock valued at $1,527,000 after acquiring an additional 17,265 shares in the last quarter. Baird Financial Group Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $265,000. Brown Advisory Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 90.0% in the second quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock valued at $385,000 after acquiring an additional 3,600 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $11,961,000. Finally, Bank of America Corp DE raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.7% in the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.49 on Monday. The business has a 50-day moving average price of $50.57 and a 200 day moving average price of $50.54. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-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.