Founders Financial Securities LLC Cuts Position in iShares Treasury Floating Rate Bond ETF $TFLO

Founders Financial Securities LLC reduced its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 251,676 shares of the company’s stock after selling 18,594 shares during the period. iShares Treasury Floating Rate Bond ETF makes up about 0.9% of Founders Financial Securities LLC’s holdings, making the stock its 27th largest position. Founders Financial Securities LLC owned about 0.19% of iShares Treasury Floating Rate Bond ETF worth $12,732,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 5,146.9% in the second quarter. Laurel Wealth Advisors LLC now owns 25,370,114 shares of the company’s stock valued at $1,284,996,000 after purchasing an additional 24,886,588 shares during the period. SPC Financial Inc. increased its holdings in iShares Treasury Floating Rate Bond ETF by 151.0% in the second quarter. SPC Financial Inc. now owns 1,406,426 shares of the company’s stock valued at $71,235,000 after buying an additional 846,162 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares during the period. Walker Financial Services Inc. boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 570.0% during the 3rd quarter. Walker Financial Services Inc. now owns 546,341 shares of the company’s stock worth $27,639,000 after acquiring an additional 464,796 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $20,841,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of TFLO stock opened at $50.41 on Wednesday. The stock has a fifty day moving average price of $50.51 and a 200 day moving average price of $50.53. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.69.

About iShares Treasury Floating Rate Bond ETF

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.