Arkadios Wealth Advisors Sells 17,263 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Arkadios Wealth Advisors trimmed its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 43.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,814 shares of the company’s stock after selling 17,263 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Treasury Floating Rate Bond ETF were worth $1,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. Independence Bank of Kentucky purchased a new stake in iShares Treasury Floating Rate Bond ETF in the second quarter worth approximately $30,000. Robbins Farley bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $30,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 250.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 704 shares of the company’s stock worth $36,000 after buying an additional 503 shares during the last quarter. Addison Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter worth $41,000. Finally, Chapman Financial Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter valued at $59,000.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO stock opened at $50.61 on Friday. The business’s 50-day moving average is $50.51 and its two-hundred day moving average is $50.53. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.69.

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.