Elmwood Wealth Management Inc. Sells 25,679 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Elmwood Wealth Management Inc. trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.4% in the second quarter, HoldingsChannel.com reports. The fund owned 221,166 shares of the company’s stock after selling 25,679 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 2.8% of Elmwood Wealth Management Inc.’s holdings, making the stock its 5th largest position. Elmwood Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $11,198,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Evolution Wealth Management Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth about $32,000. Core Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $53,000. Strive Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $55,000. Chapman Financial Group LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at approximately $59,000. Finally, Optima Capital LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth approximately $62,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

iShares Treasury Floating Rate Bond ETF stock opened at $50.53 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67. The company’s 50 day moving average is $50.57 and its two-hundred day moving average is $50.57.

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.