iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Position Decreased by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. decreased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 2.2% during the 4th quarter, Holdings Channel reports. The fund owned 159,604 shares of the company’s stock after selling 3,546 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises about 3.3% of Elmwood Wealth Management Inc.’s holdings, making the stock its 2nd biggest position. Elmwood Wealth Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $8,055,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Accelerate Investment Advisors LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 23.9% in the fourth quarter. Accelerate Investment Advisors LLC now owns 12,662 shares of the company’s stock valued at $639,000 after purchasing an additional 2,439 shares during the period. New Capital Management LP lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 0.6% in the fourth quarter. New Capital Management LP now owns 85,535 shares of the company’s stock valued at $4,317,000 after purchasing an additional 509 shares during the period. Weaver Consulting Group lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 37.0% in the fourth quarter. Weaver Consulting Group now owns 476,816 shares of the company’s stock valued at $24,065,000 after purchasing an additional 128,888 shares during the period. Destination Wealth Management lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.8% in the third quarter. Destination Wealth Management now owns 41,143 shares of the company’s stock valued at $2,082,000 after purchasing an additional 715 shares during the period. Finally, SkyView Investment Advisors LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at about $3,226,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO traded up $0.03 during midday trading on Monday, reaching $50.56. 1,829,515 shares of the company’s stock were exchanged, compared to its average volume of 2,505,007. The business’s 50-day moving average price is $50.50 and its 200 day moving average price is $50.52. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.36 and a 1-year high of $50.71.

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.