Elevation Point Wealth Partners LLC Reduces Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Elevation Point Wealth Partners LLC decreased its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 43.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,522 shares of the company’s stock after selling 88,269 shares during the quarter. Elevation Point Wealth Partners LLC owned about 0.09% of iShares Treasury Floating Rate Bond ETF worth $5,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in TFLO. Evolution Wealth Management Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF during the 4th quarter valued at about $32,000. Core Wealth Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $53,000. Strive Financial Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $55,000. Chapman Financial Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter worth about $59,000. Finally, Optima Capital LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $62,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA:TFLO opened at $50.52 on Friday. The company has a 50 day moving average of $50.57 and a 200 day moving average of $50.55. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.39 and a 12 month high of $50.66.

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.