iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lowered its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 44.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 54,430 shares of the company’s stock after selling 43,766 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,747,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd 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 during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in iShares Treasury Floating Rate Bond ETF by 2,963.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock worth $20,825,000 after acquiring an additional 399,224 shares during the period. Arta Finance Wealth Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $13,930,000. Jane Street Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at about $11,961,000. Finally, Raymond James Financial Inc. grew its stake in iShares Treasury Floating Rate Bond ETF by 17.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,029,362 shares of the company’s stock valued at $52,075,000 after purchasing an additional 155,833 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.55 on Thursday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67. The stock’s 50-day simple moving average is $50.56 and its 200-day simple moving average is $50.54.

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.