Brown Advisory Inc. Sells 358 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Brown Advisory Inc. lessened its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,002 shares of the company’s stock after selling 358 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TFLO. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 177.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,255 shares of the company’s stock worth $619,000 after purchasing an additional 7,839 shares during the period. Corient Private Wealth LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $509,000. Thrivent Financial for Lutherans purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $294,000. HUB Investment Partners LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 12.2% during the fourth quarter. HUB Investment Partners LLC now owns 8,306 shares of the company’s stock worth $419,000 after purchasing an additional 902 shares during the period. Finally, Hershey Financial Advisers LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $3,990,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.56 on Thursday. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.69. The company has a 50-day simple moving average of $50.56 and a two-hundred day simple moving average of $50.57.

iShares Treasury Floating Rate Bond ETF Company 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.