Able Wealth Management LLC Cuts Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Able Wealth Management LLC trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 24.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,473 shares of the company’s stock after selling 9,202 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 0.9% of Able Wealth Management LLC’s investment portfolio, making the stock its 27th largest position. Able Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,437,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TFLO. Stratos Wealth Advisors LLC bought a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $479,000. BIP Wealth LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 19.5% in the 3rd quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after acquiring an additional 241,272 shares during the last quarter. Chris Bulman Inc boosted its holdings in iShares Treasury Floating Rate Bond ETF by 13.4% during the 3rd quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock valued at $1,972,000 after acquiring an additional 4,609 shares during the period. BNP Paribas Financial Markets grew its position in iShares Treasury Floating Rate Bond ETF by 190.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock worth $3,774,000 after acquiring an additional 48,944 shares during the last quarter. Finally, WESCAP Management Group Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 1.2% in the 3rd quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock worth $14,420,000 after purchasing an additional 3,502 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.61 on Thursday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.36 and a fifty-two week high of $50.71. The stock has a 50 day moving average price of $50.54 and a two-hundred day moving average price of $50.53.

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.