Sheets Smith Wealth Management Sells 11,345 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Sheets Smith Wealth Management cut its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 58.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,110 shares of the company’s stock after selling 11,345 shares during the period. Sheets Smith Wealth Management’s holdings in iShares Treasury Floating Rate Bond ETF were worth $409,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at about $191,000. Coldstream Capital Management Inc. bought a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter valued at approximately $203,000. Searle & CO. purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at approximately $213,000. PFG Investments LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth approximately $225,000. Finally, Lifeworks Advisors LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 11.9% in the third quarter. Lifeworks Advisors LLC now owns 4,518 shares of the company’s stock worth $229,000 after purchasing an additional 481 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

NYSEARCA:TFLO opened at $50.61 on Thursday. The company has a fifty day moving average of $50.52 and a 200 day moving average of $50.53. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71.

About iShares Treasury Floating Rate Bond ETF

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.