Almanack Investment Partners LLC. Reduces Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Almanack Investment Partners LLC. decreased its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 16.0% during the fourth quarter, HoldingsChannel reports. The firm owned 62,447 shares of the company’s stock after selling 11,888 shares during the quarter. Almanack Investment Partners LLC.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,152,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its position in iShares Treasury Floating Rate Bond ETF by 4,069.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock worth $24,484,000 after buying an additional 473,495 shares during the last quarter. Stash Investments LLC boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 6.8% in the fourth quarter. Stash Investments LLC now owns 628,144 shares of the company’s stock worth $31,702,000 after purchasing an additional 40,018 shares during the period. Silver Oak Securities Incorporated increased its stake in iShares Treasury Floating Rate Bond ETF by 17.1% in the 4th quarter. Silver Oak Securities Incorporated now owns 182,925 shares of the company’s stock worth $9,230,000 after buying an additional 26,743 shares in the last quarter. Crewe Advisors LLC purchased a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $55,000. Finally, Win Advisors Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth $904,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.55 on Friday. The stock has a 50 day moving average of $50.52 and a 200 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.

iShares Treasury Floating Rate Bond ETF 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.