Intelligence Driven Advisers LLC Sells 3,210 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Intelligence Driven Advisers LLC reduced its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 15,177 shares of the company’s stock after selling 3,210 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $766,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Portfolio Design Labs LLC raised its position in iShares Treasury Floating Rate Bond ETF by 19.5% during the fourth quarter. Portfolio Design Labs LLC now owns 616,781 shares of the company’s stock valued at $31,129,000 after purchasing an additional 100,781 shares in the last quarter. Sovran Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $5,396,000. Stonebridge Financial Group LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $10,289,000. Focus Financial Network Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 16.3% during the 4th quarter. Focus Financial Network Inc. now owns 60,537 shares of the company’s stock valued at $3,055,000 after purchasing an additional 8,491 shares during the last quarter. Finally, Elevation Wealth Partners LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $499,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of TFLO opened at $50.57 on Thursday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The stock has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $50.53.

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.