Advisor Resource Council Sells 38,155 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Advisor Resource Council reduced its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 89.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,355 shares of the company’s stock after selling 38,155 shares during the quarter. Advisor Resource Council’s holdings in iShares Treasury Floating Rate Bond ETF were worth $221,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TFLO. Morgan Stanley increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 86.4% in the third quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after acquiring an additional 3,465,283 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter worth about $163,207,000. Scarborough Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 7,871.4% during the fourth quarter. Scarborough Advisors LLC now owns 1,440,276 shares of the company’s stock worth $72,691,000 after buying an additional 1,422,208 shares in the last quarter. Financial Gravity Asset Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 4,583.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 693,124 shares of the company’s stock worth $35,169,000 after buying an additional 678,324 shares in the last quarter. Finally, Summitry LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $29,984,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:TFLO traded up $0.02 during mid-day trading on Thursday, reaching $50.49. 1,234,576 shares of the stock were exchanged, compared to its average volume of 2,549,162. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76. The stock’s 50 day simple moving average is $50.58 and its 200-day simple moving average is $50.57.

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.