iShares Treasury Floating Rate Bond ETF $TFLO Stake Trimmed by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,289,754 shares of the company’s stock after selling 60,832 shares during the period. iShares Treasury Floating Rate Bond ETF comprises approximately 8.3% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Arbor Investment Advisors LLC owned 0.99% of iShares Treasury Floating Rate Bond ETF worth $65,249,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TFLO. Royal Bank of Canada lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 19.0% during the 1st quarter. Royal Bank of Canada now owns 1,247,275 shares of the company’s stock worth $63,186,000 after acquiring an additional 198,824 shares during the last quarter. EP Wealth Advisors LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 224.4% in the first quarter. EP Wealth Advisors LLC now owns 20,905 shares of the company’s stock worth $1,059,000 after purchasing an additional 14,461 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 228.1% during the first quarter. Integrated Wealth Concepts LLC now owns 113,594 shares of the company’s stock worth $5,755,000 after purchasing an additional 78,973 shares during the last quarter. Redwood Financial Network Corp lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 57.5% during the first quarter. Redwood Financial Network Corp now owns 8,776 shares of the company’s stock worth $445,000 after purchasing an additional 3,205 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 197.3% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,744 shares of the company’s stock valued at $139,000 after purchasing an additional 1,821 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.48 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.69. The company’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.53.

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.