Bank of Montreal Can Has $7.62 Million Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Bank of Montreal Can cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 16.0% during the fourth quarter, Holdings Channel reports. The fund owned 150,905 shares of the company’s stock after selling 28,744 shares during the quarter. Bank of Montreal Can’s holdings in iShares Treasury Floating Rate Bond ETF were worth $7,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at about $191,000. Coldstream Capital Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $203,000. SkyView Investment Advisors LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $3,226,000. Destination Wealth Management lifted its position in iShares Treasury Floating Rate Bond ETF by 1.8% during the third quarter. Destination Wealth Management now owns 41,143 shares of the company’s stock worth $2,082,000 after acquiring an additional 715 shares during the last quarter. Finally, Weaver Consulting Group boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 37.0% during the fourth quarter. Weaver Consulting Group now owns 476,816 shares of the company’s stock worth $24,065,000 after acquiring an additional 128,888 shares during the period.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

Shares of NYSEARCA TFLO opened at $50.54 on Monday. The business’s 50 day moving average is $50.57 and its 200-day moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.36 and a 1-year high of $50.71.

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.