Stonebrook Private Inc. Sells 20,259 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Stonebrook Private Inc. reduced its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 45.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,039 shares of the company’s stock after selling 20,259 shares during the period. Stonebrook Private Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SVB Wealth LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 14.6% during the 2nd quarter. SVB Wealth LLC now owns 95,663 shares of the company’s stock valued at $4,846,000 after acquiring an additional 12,159 shares during the last quarter. Intelligence Driven Advisers LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 12.2% in the second quarter. Intelligence Driven Advisers LLC now owns 26,720 shares of the company’s stock worth $1,354,000 after purchasing an additional 2,896 shares during the last quarter. National Bank of Canada FI bought a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $7,334,000. Magnus Financial Group LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 35.1% during the 2nd quarter. Magnus Financial Group LLC now owns 36,412 shares of the company’s stock valued at $1,845,000 after buying an additional 9,451 shares during the last quarter. Finally, Guidance Capital Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 31.5% during the 2nd quarter. Guidance Capital Inc. now owns 35,127 shares of the company’s stock valued at $1,779,000 after buying an additional 8,420 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO traded up $0.02 during trading hours on Friday, hitting $50.46. The stock had a trading volume of 1,402,130 shares, compared to its average volume of 2,316,612. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.37 and a 12 month high of $50.76. The stock has a fifty day moving average price of $50.54 and a 200 day moving average price of $50.57.

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.