Sheets Smith Wealth Management Decreases Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Sheets Smith Wealth Management lowered its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,281 shares of the company’s stock after selling 568 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,028,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. RHS Financial LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 5.9% in the 1st quarter. RHS Financial LLC now owns 4,654 shares of the company’s stock worth $236,000 after buying an additional 260 shares during the period. Sound Income Strategies LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 12.9% in the 1st quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock worth $141,000 after acquiring an additional 318 shares in the last quarter. RDA Financial Network increased its position in shares of iShares Treasury Floating Rate Bond ETF by 8.4% during the fourth quarter. RDA Financial Network now owns 4,759 shares of the company’s stock worth $240,000 after acquiring an additional 368 shares during the period. Shira Ridge Wealth Management raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 7.0% during the fourth quarter. Shira Ridge Wealth Management now owns 7,456 shares of the company’s stock valued at $376,000 after acquiring an additional 488 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 7.4% in the fourth quarter. Valmark Advisers Inc. now owns 7,184 shares of the company’s stock valued at $363,000 after purchasing an additional 492 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

NYSEARCA:TFLO traded up $0.01 during midday trading on Wednesday, hitting $50.57. The stock had a trading volume of 1,172,381 shares, compared to its average volume of 2,472,869. The stock has a 50-day moving average of $50.58 and a 200 day moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76.

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.