MV Capital Management Inc. Sells 7,320 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MV Capital Management Inc. decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 73.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,679 shares of the company’s stock after selling 7,320 shares during the period. MV Capital Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $135,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SPC Financial Inc. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 878.7% in the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock worth $80,762,000 after purchasing an additional 1,436,691 shares during the period. Assetmark Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 0.4% in the fourth quarter. Assetmark Inc. now owns 1,515,103 shares of the company’s stock worth $76,467,000 after purchasing an additional 5,308 shares during the last quarter. Axxcess Wealth Management LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 1.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 1,208,755 shares of the company’s stock valued at $61,006,000 after purchasing an additional 22,767 shares in the last quarter. Capital Asset Advisory Services LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 0.9% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,197,997 shares of the company’s stock valued at $60,487,000 after purchasing an additional 10,903 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $59,654,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.65 on Friday. The stock’s 50-day simple moving average is $50.59 and its two-hundred day simple moving average is $50.54. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.36 and a twelve month high of $50.71.

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.