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

Elmwood Wealth Management Inc. cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 10.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 221,166 shares of the company’s stock after selling 25,679 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 2.8% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest position. Elmwood Wealth Management Inc. owned 0.17% of iShares Treasury Floating Rate Bond ETF worth $11,198,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Federation des caisses Desjardins du Quebec lifted its position in iShares Treasury Floating Rate Bond ETF by 0.3% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 83,440 shares of the company’s stock valued at $4,210,000 after buying an additional 282 shares during the last quarter. GC Wealth Management RIA LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 6.1% during the first quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock valued at $277,000 after acquiring an additional 315 shares during the last quarter. Darden Wealth Group Inc raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.4% in the 4th quarter. Darden Wealth Group Inc now owns 23,761 shares of the company’s stock valued at $1,199,000 after acquiring an additional 326 shares during the period. Lido Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 4.1% in the 4th quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock valued at $431,000 after acquiring an additional 339 shares during the period. Finally, Redwood Financial Network Corp lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 2.8% in the 4th quarter. Redwood Financial Network Corp now owns 14,789 shares of the company’s stock worth $746,000 after acquiring an additional 407 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.53 on Friday. The firm’s 50 day moving average price is $50.57 and its 200-day moving average price is $50.57. iShares Treasury Floating Rate Bond ETF has a one year low of $50.39 and a one year 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.