iShares Treasury Floating Rate Bond ETF $TFLO Shares Sold by Vertex Planning Partners LLC

Vertex Planning Partners LLC reduced its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.3% during the 3rd quarter, Holdings Channel reports. The fund owned 269,069 shares of the company’s stock after selling 24,449 shares during the period. iShares Treasury Floating Rate Bond ETF makes up about 2.6% of Vertex Planning Partners LLC’s holdings, making the stock its 8th largest holding. Vertex Planning Partners LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $13,612,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TFLO. Whittier Trust Co. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter worth $28,000. Chapman Financial Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF in the second quarter valued at $59,000. GPS Wealth Strategies Group LLC grew its position in iShares Treasury Floating Rate Bond ETF by 99.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,404 shares of the company’s stock worth $71,000 after purchasing an additional 700 shares during the period. Addison Advisors LLC grew its position in iShares Treasury Floating Rate Bond ETF by 149.7% during the 3rd quarter. Addison Advisors LLC now owns 2,035 shares of the company’s stock worth $103,000 after purchasing an additional 1,220 shares during the period. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at about $142,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO stock opened at $50.57 on Wednesday. The business has a 50-day simple moving average of $50.55 and a 200-day simple moving average of $50.52. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67.

iShares Treasury Floating Rate Bond ETF Company 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.