iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC cut its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 72.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,881 shares of the company’s stock after selling 61,429 shares during the quarter. WESPAC Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,155,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co raised its stake in iShares Treasury Floating Rate Bond ETF by 1,749.4% in the 3rd quarter. CENTRAL TRUST Co now owns 30,163 shares of the company’s stock valued at $1,526,000 after purchasing an additional 28,532 shares during the last quarter. Dakota Wealth Management lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 26.1% in the third quarter. Dakota Wealth Management now owns 9,652 shares of the company’s stock worth $488,000 after buying an additional 2,000 shares in the last quarter. PFG Investments LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $225,000. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 134.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 128,729 shares of the company’s stock worth $6,514,000 after purchasing an additional 73,881 shares in the last quarter. Finally, Richardson Financial Services Inc. lifted its stake in iShares Treasury Floating Rate Bond ETF by 2.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 25,760 shares of the company’s stock worth $1,305,000 after purchasing an additional 621 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO opened at $50.64 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.36 and a 1-year high of $50.71. The company’s 50 day simple moving average is $50.54 and its two-hundred day simple moving average is $50.53.

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.