Cambridge Investment Research Advisors Inc. Reduces Holdings in iShares Treasury Floating Rate Bond ETF $TFLO

Cambridge Investment Research Advisors Inc. decreased its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 915,787 shares of the company’s stock after selling 102,274 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $46,211,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TFLO. Goldman Sachs Group Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 134.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock worth $1,527,000 after buying an additional 17,265 shares during the period. Baird Financial Group Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth $265,000. Brown Advisory Inc. increased its stake in iShares Treasury Floating Rate Bond ETF by 90.0% during the 2nd quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock worth $385,000 after buying an additional 3,600 shares during the period. Jane Street Group LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter worth $11,961,000. Finally, Bank of America Corp DE increased its stake in iShares Treasury Floating Rate Bond ETF by 9.7% during the 2nd quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after buying an additional 637,336 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.56 on Monday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.67. The firm’s fifty day moving average price is $50.56 and its 200 day moving average price is $50.54.

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.