Robinson Smith Wealth Advisors LLC Sells 53,629 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Robinson Smith Wealth Advisors LLC decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 71.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,647 shares of the company’s stock after selling 53,629 shares during the period. iShares Treasury Floating Rate Bond ETF makes up 0.8% of Robinson Smith Wealth Advisors LLC’s portfolio, making the stock its 27th largest position. Robinson Smith Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,095,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TFLO. Whittier Trust Co. purchased a new position in iShares Treasury Floating Rate Bond ETF during the third quarter worth about $28,000. Independence Bank of Kentucky purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at about $30,000. GPS Wealth Strategies Group LLC raised its holdings in iShares Treasury Floating Rate Bond ETF by 250.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after purchasing an additional 503 shares in the last quarter. Addison Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $41,000. Finally, Chapman Financial Group LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the second quarter worth about $59,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.61 on Thursday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.69. The firm’s 50 day moving average is $50.51 and its 200 day moving average 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.