Beacon Financial Group decreased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 403,397 shares of the company’s stock after selling 12,263 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for about 2.2% of Beacon Financial Group’s investment portfolio, making the stock its 9th biggest holding. Beacon Financial Group’s holdings in iShares Treasury Floating Rate Bond ETF were worth $20,359,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $28,000. Crewe Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $55,000. Comprehensive Financial Planning Inc. PA purchased a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $130,000. EP Wealth Advisors LLC acquired a new position in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at approximately $191,000. Finally, Coldstream Capital Management Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 3rd quarter worth approximately $203,000.
iShares Treasury Floating Rate Bond ETF Price Performance
Shares of NYSEARCA:TFLO opened at $50.55 on Wednesday. The firm has a fifty day moving average of $50.52 and a two-hundred day moving average of $50.53. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.36 and a 12-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.
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Want to see what other hedge funds are holding TFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report).
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