Acute Investment Advisory LLC Has $56.27 Million Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Acute Investment Advisory LLC trimmed its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 1.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,112,068 shares of the company’s stock after selling 20,619 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 32.3% of Acute Investment Advisory LLC’s portfolio, making the stock its largest position. Acute Investment Advisory LLC owned 0.81% of iShares Treasury Floating Rate Bond ETF worth $56,271,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 12.3% during the 2nd quarter. LPL Financial LLC now owns 5,686,827 shares of the company’s stock worth $288,095,000 after buying an additional 621,738 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Treasury Floating Rate Bond ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,515,358 shares of the company’s stock worth $178,088,000 after buying an additional 359,290 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares Treasury Floating Rate Bond ETF by 16.1% during the 2nd quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock worth $104,618,000 after buying an additional 286,831 shares during the last quarter. Arbor Investment Advisors LLC grew its stake in iShares Treasury Floating Rate Bond ETF by 10.0% during the 3rd quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock worth $84,747,000 after buying an additional 151,847 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in iShares Treasury Floating Rate Bond ETF by 7.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 1,440,842 shares of the company’s stock worth $72,993,000 after buying an additional 103,014 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.43 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.37 and a 1-year high of $50.75. The stock’s fifty day moving average price is $50.53 and its 200 day moving average price is $50.55.

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.