Sax Wealth Advisors LLC Has $4.94 Million Position in iShares Treasury Floating Rate Bond ETF $TFLO

Sax Wealth Advisors LLC lowered its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,488 shares of the company’s stock after selling 875 shares during the quarter. Sax Wealth Advisors LLC owned about 0.07% of iShares Treasury Floating Rate Bond ETF worth $4,938,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Schmidt P J Investment Management Inc. grew its position in iShares Treasury Floating Rate Bond ETF by 5.1% during the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock worth $237,000 after buying an additional 226 shares in the last quarter. Janney Montgomery Scott LLC grew its position in iShares Treasury Floating Rate Bond ETF by 0.5% during the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock worth $3,177,000 after buying an additional 291 shares in the last quarter. Institute for Wealth Management LLC. grew its position in iShares Treasury Floating Rate Bond ETF by 4.9% during the first quarter. Institute for Wealth Management LLC. now owns 8,371 shares of the company’s stock worth $424,000 after buying an additional 393 shares in the last quarter. Smartleaf Asset Management LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF during the first quarter worth approximately $26,000. Finally, Pinnacle Financial Partners Inc grew its position in iShares Treasury Floating Rate Bond ETF by 5.8% during the first quarter. Pinnacle Financial Partners Inc now owns 9,819 shares of the company’s stock worth $497,000 after buying an additional 536 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA:TFLO opened at $50.46 on Wednesday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.69. The business’s 50 day simple moving average is $50.53 and its 200 day simple moving average is $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.