Redmont Wealth Advisors LLC Sells 9,899 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Redmont Wealth Advisors LLC reduced its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 77.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,953 shares of the company’s stock after selling 9,899 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $149,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Cyr Financial Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 4.8% during the 4th quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock worth $217,000 after acquiring an additional 198 shares in the last quarter. BTS Asset Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.1% in the 3rd quarter. BTS Asset Management Inc. now owns 18,084 shares of the company’s stock valued at $915,000 after acquiring an additional 203 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.1% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 19,975 shares of the company’s stock valued at $1,010,000 after acquiring an additional 216 shares in the last quarter. Stratos Wealth Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 2.8% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 13,212 shares of the company’s stock valued at $668,000 after acquiring an additional 356 shares in the last quarter. Finally, Intelligence Driven Advisers LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 3.0% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 14,982 shares of the company’s stock valued at $758,000 after acquiring an additional 441 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.58 on Wednesday. The business has a 50-day moving average of $50.56 and a 200-day moving average of $50.54. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.67.

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.