Truist Financial Corp Sells 13,827 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Truist Financial Corp reduced its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 56.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,522 shares of the company’s stock after selling 13,827 shares during the quarter. Truist Financial Corp’s holdings in iShares Treasury Floating Rate Bond ETF were worth $531,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 134.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after purchasing an additional 17,265 shares during the last quarter. Baird Financial Group Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth about $265,000. Brown Advisory Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 90.0% in the 2nd quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock worth $385,000 after purchasing an additional 3,600 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth about $11,961,000. Finally, Bank of America Corp DE grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 9.7% in the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after purchasing an additional 637,336 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.58 on Wednesday. The firm’s 50-day simple moving average is $50.56 and its 200-day simple moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month 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.