Oxbow Advisors LLC Sells 279,446 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Oxbow Advisors LLC decreased its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 14.3% in the second quarter, Holdings Channel reports. The fund owned 1,677,294 shares of the company’s stock after selling 279,446 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for approximately 10.0% of Oxbow Advisors LLC’s investment portfolio, making the stock its largest holding. Oxbow Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $84,972,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of TFLO. Helen Stephens Group LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.6% in the second quarter. Helen Stephens Group LLC now owns 35,610 shares of the company’s stock valued at $1,804,000 after purchasing an additional 207 shares during the period. Destination Wealth Management increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.6% during the 2nd quarter. Destination Wealth Management now owns 40,428 shares of the company’s stock worth $2,048,000 after buying an additional 228 shares during the last quarter. RHS Financial LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 5.9% during the 1st quarter. RHS Financial LLC now owns 4,654 shares of the company’s stock valued at $236,000 after buying an additional 260 shares during the period. Sound Income Strategies LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 12.9% in the first quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock valued at $141,000 after buying an additional 318 shares during the last quarter. Finally, Simplicity Wealth LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 5.7% during the second quarter. Simplicity Wealth LLC now owns 6,828 shares of the company’s stock valued at $346,000 after acquiring an additional 371 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of iShares Treasury Floating Rate Bond ETF stock traded up $0.02 on Friday, reaching $50.46. The company had a trading volume of 1,402,130 shares, compared to its average volume of 2,316,612. The firm’s 50 day moving average price is $50.54 and its two-hundred day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.37 and a 52-week high of $50.76.

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.