Arbor Investment Advisors LLC Sells 54,679 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Arbor Investment Advisors LLC decreased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,235,075 shares of the company’s stock after selling 54,679 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 8.2% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Arbor Investment Advisors LLC owned approximately 0.97% of iShares Treasury Floating Rate Bond ETF worth $62,322,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TFLO. Whittier Trust Co. acquired a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth about $28,000. Chapman Financial Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $59,000. GPS Wealth Strategies Group LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 99.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,404 shares of the company’s stock worth $71,000 after purchasing an additional 700 shares during the period. Addison Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 149.7% during the 3rd quarter. Addison Advisors LLC now owns 2,035 shares of the company’s stock worth $103,000 after purchasing an additional 1,220 shares during the period. Finally, Blue Trust Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $126,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.54 on Monday. The stock’s 50-day moving average is $50.55 and its two-hundred day moving average is $50.53. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year 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.