Sax Wealth Advisors LLC Sells 875 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Sax Wealth Advisors LLC cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 0.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 97,488 shares of the company’s stock after selling 875 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $4,938,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter worth $26,000. Robbins Farley bought a new stake in iShares Treasury Floating Rate Bond ETF during the second quarter worth $30,000. Independence Bank of Kentucky bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at $30,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at $39,000. Finally, CX Institutional bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 1st quarter valued at $59,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO opened at $50.46 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.69. The stock has a fifty day moving average of $50.53 and a 200-day moving average of $50.55.

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.