Lunt Capital Management Inc. Has $10.50 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Lunt Capital Management Inc. trimmed its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 21.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 207,339 shares of the company’s stock after selling 57,788 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 4.0% of Lunt Capital Management Inc.’s holdings, making the stock its 5th largest position. Lunt Capital Management Inc. owned about 0.16% of iShares Treasury Floating Rate Bond ETF worth $10,502,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Schmidt P J Investment Management Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 5.1% during the 1st quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock valued at $237,000 after purchasing an additional 226 shares during the last quarter. Janney Montgomery Scott LLC grew its position in iShares Treasury Floating Rate Bond ETF by 0.5% during the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock valued at $3,177,000 after buying an additional 291 shares during the period. Institute for Wealth Management LLC. increased its holdings in iShares Treasury Floating Rate Bond ETF by 4.9% during the first quarter. Institute for Wealth Management LLC. now owns 8,371 shares of the company’s stock worth $424,000 after buying an additional 393 shares during the last quarter. Endowment Wealth Management Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 10.5% in the second quarter. Endowment Wealth Management Inc. now owns 4,425 shares of the company’s stock worth $224,000 after acquiring an additional 421 shares during the period. Finally, Smartleaf Asset Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the first quarter valued at about $26,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.49 on Wednesday. The firm has a 50 day moving average price of $50.53 and a 200-day moving average price of $50.55. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.36 and a twelve month high of $50.69.

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.