Arkadios Wealth Advisors Reduces Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Arkadios Wealth Advisors trimmed its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,077 shares of the company’s stock after selling 4,727 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Treasury Floating Rate Bond ETF were worth $2,030,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TFLO. Smartleaf Asset Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the first quarter worth $26,000. Robbins Farley purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $30,000. Independence Bank of Kentucky purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $30,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth about $39,000. Finally, Rossby Financial LCC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 1st quarter worth about $78,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO opened at $50.58 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.36 and a 12 month high of $50.69. The company has a 50-day simple moving average of $50.52 and a 200-day simple moving average of $50.55.

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.