New Capital Management LP Decreases Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

New Capital Management LP decreased its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 37.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,557 shares of the company’s stock after selling 60,870 shares during the quarter. iShares Treasury Floating Rate Bond ETF accounts for about 1.3% of New Capital Management LP’s investment portfolio, making the stock its 16th largest holding. New Capital Management LP owned approximately 0.08% of iShares Treasury Floating Rate Bond ETF worth $5,125,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TFLO. Bank of America Corp DE lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after purchasing an additional 637,336 shares in the last quarter. Walker Financial Services Inc. grew its holdings in iShares Treasury Floating Rate Bond ETF by 570.0% during the 3rd quarter. Walker Financial Services Inc. now owns 546,341 shares of the company’s stock valued at $27,639,000 after purchasing an additional 464,796 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in iShares Treasury Floating Rate Bond ETF by 2,963.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 412,696 shares of the company’s stock valued at $20,825,000 after purchasing an additional 399,224 shares in the last quarter. Milestone Asset Management LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 170.0% during the 3rd quarter. Milestone Asset Management LLC now owns 502,992 shares of the company’s stock worth $25,446,000 after buying an additional 316,702 shares during the period. Finally, Arta Finance Wealth Management LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth $13,930,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.51 on Friday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.67. The company’s fifty day moving average price is $50.56 and its two-hundred day moving average price is $50.53.

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.