Oxbow Advisors LLC Sells 203,140 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Oxbow Advisors LLC lowered its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 67.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,619 shares of the company’s stock after selling 203,140 shares during the period. Oxbow Advisors LLC owned approximately 0.08% of iShares Treasury Floating Rate Bond ETF worth $4,989,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TFLO. Independence Bank of Kentucky bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter worth approximately $30,000. Robbins Farley purchased a new position in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $30,000. GPS Wealth Strategies Group LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after buying an additional 503 shares during the last quarter. Addison Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $41,000. Finally, Chapman Financial Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $59,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO traded up $0.02 during mid-day trading on Friday, reaching $50.61. 1,183,130 shares of the company were exchanged, compared to its average volume of 1,673,482. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.69. The company’s 50 day moving average price is $50.51 and its 200 day moving average price is $50.53.

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.