Capital Asset Advisory Services LLC Sells 333,456 Shares of iShares Treasury Floating Rate Bond ETF $TFLO

Capital Asset Advisory Services LLC lessened its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,007,608 shares of the company’s stock after selling 333,456 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 2.0% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 15th largest position. Capital Asset Advisory Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $50,864,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TFLO. Whittier Trust Co. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at $28,000. Chapman Financial Group LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the second quarter worth $59,000. GPS Wealth Strategies Group LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 99.4% during the third quarter. GPS Wealth Strategies Group LLC now owns 1,404 shares of the company’s stock worth $71,000 after buying an additional 700 shares in the last quarter. Addison Advisors LLC increased its holdings in iShares Treasury Floating Rate Bond ETF by 149.7% in the 3rd quarter. Addison Advisors LLC now owns 2,035 shares of the company’s stock valued at $103,000 after buying an additional 1,220 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at $142,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.60 on Tuesday. The firm has a fifty day moving average of $50.56 and a 200-day moving average of $50.52. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.67.

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.