Meridian Wealth Management LLC Has $5.20 Million Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Meridian Wealth Management LLC reduced its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,734 shares of the company’s stock after selling 12,504 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $5,198,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Family Asset Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $41,000. Fifth Third Bancorp acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $63,000. Signaturefd LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 215.7% in the second quarter. Signaturefd LLC now owns 1,746 shares of the company’s stock valued at $88,000 after acquiring an additional 1,193 shares in the last quarter. Family Firm Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $127,000. Finally, First Horizon Advisors Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 201.8% in the second quarter. First Horizon Advisors Inc. now owns 3,676 shares of the company’s stock valued at $186,000 after acquiring an additional 2,458 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock opened at $50.58 on Friday. The company’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.55. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.75.

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.