Sax Wealth Advisors LLC Sells 40,994 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Sax Wealth Advisors LLC lowered its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 35.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 75,792 shares of the company’s stock after selling 40,994 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $3,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Baring Financial LLC grew its position in iShares Treasury Floating Rate Bond ETF by 1.5% during the second quarter. Baring Financial LLC now owns 98,134 shares of the company’s stock valued at $4,969,000 after buying an additional 1,404 shares during the period. Wellington Grp LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 9.1% during the first quarter. Wellington Grp LLC now owns 268,379 shares of the company’s stock valued at $13,588,000 after buying an additional 22,358 shares during the last quarter. Bank of America Corp DE raised its position in iShares Treasury Floating Rate Bond ETF by 33.0% in the first quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock worth $392,137,000 after acquiring an additional 1,920,892 shares during the period. Talon Private Wealth LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the first quarter worth approximately $282,000. Finally, Measured Risk Portfolios Inc. boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 4.3% during the 1st quarter. Measured Risk Portfolios Inc. now owns 21,892 shares of the company’s stock worth $1,108,000 after acquiring an additional 894 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.55 on Friday. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.67. The company’s fifty day simple moving average is $50.57 and its 200-day simple moving average is $50.57.

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.