iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by BTS Asset Management Inc.

BTS Asset Management Inc. decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,881 shares of the company’s stock after selling 393 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 1.1% of BTS Asset Management Inc.’s investment portfolio, making the stock its 4th largest holding. BTS Asset Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of TFLO. LPL Financial LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 18.5% in the 1st quarter. LPL Financial LLC now owns 6,248,282 shares of the company’s stock valued at $316,538,000 after purchasing an additional 975,106 shares during the period. SPC Financial Inc. boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 151.0% in the 2nd quarter. SPC Financial Inc. now owns 1,406,426 shares of the company’s stock valued at $71,235,000 after purchasing an additional 846,162 shares during the period. Moloney Securities Asset Management LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 1,029.6% in the 1st quarter. Moloney Securities Asset Management LLC now owns 712,598 shares of the company’s stock valued at $36,100,000 after purchasing an additional 649,516 shares during the period. Jaffetilchin Investment Partners LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $26,780,000. Finally, Hartline Investment Corp acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $21,192,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

NYSEARCA:TFLO opened at $50.54 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.36 and a 1-year high of $50.69. The stock has a fifty day simple moving average of $50.52 and a 200 day simple moving average of $50.55.

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.