BIP Wealth LLC Trims Stake in iShares Treasury Floating Rate Bond ETF $TFLO

BIP Wealth LLC lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 13.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 1,303,001 shares of the company’s stock after selling 194,556 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 2.7% of BIP Wealth LLC’s portfolio, making the stock its 5th largest position. BIP Wealth LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $65,971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Sound Income Strategies LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter worth $329,000. Capital Asset Advisory Services LLC grew its stake 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 during the period. Foundry Financial LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 278.6% in the first quarter. Foundry Financial LLC now owns 50,782 shares of the company’s stock valued at $2,571,000 after purchasing an additional 37,368 shares during the last quarter. MFA Wealth Services increased its holdings in iShares Treasury Floating Rate Bond ETF by 3.3% in the first quarter. MFA Wealth Services now owns 25,829 shares of the company’s stock valued at $1,308,000 after purchasing an additional 816 shares during the last quarter. Finally, Yoder Wealth Management Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 47.6% in the first quarter. Yoder Wealth Management Inc. now owns 78,352 shares of the company’s stock valued at $3,967,000 after purchasing an additional 25,257 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA:TFLO opened at $50.52 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.66. The business’s 50-day moving average price is $50.57 and its two-hundred day moving average price is $50.55.

iShares Treasury Floating Rate Bond ETF Profile

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.