Professional Financial Advisors LLC Has $2.60 Million Position in iShares Treasury Floating Rate Bond ETF $TFLO

Professional Financial Advisors LLC lessened its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 30.8% during the 4th quarter, HoldingsChannel reports. The firm owned 51,460 shares of the company’s stock after selling 22,928 shares during the quarter. Professional Financial Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,597,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares during the period. Envestnet Asset Management Inc. grew its position in shares of iShares Treasury Floating Rate Bond ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,347,201 shares of the company’s stock valued at $118,745,000 after purchasing an additional 136,476 shares during the last quarter. Mariner LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.9% in the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after purchasing an additional 32,589 shares during the period. Financial Advisory Corp increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.4% in the third quarter. Financial Advisory Corp now owns 1,647,090 shares of the company’s stock worth $83,326,000 after purchasing an additional 23,031 shares during the period. Finally, Axxcess Wealth Management LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 0.6% during the 3rd quarter. Axxcess Wealth Management LLC now owns 1,341,427 shares of the company’s stock worth $67,863,000 after purchasing an additional 8,164 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.63 on Tuesday. The business has a 50 day moving average price of $50.57 and a 200 day moving average price of $50.53. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67.

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.