PNC Financial Services Group Inc. Decreases Position in iShares Treasury Floating Rate Bond ETF $TFLO

PNC Financial Services Group Inc. trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 81.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,334 shares of the company’s stock after selling 19,175 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $219,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Cyr Financial Inc. boosted its position in iShares Treasury Floating Rate Bond ETF by 4.8% during the fourth quarter. Cyr Financial Inc. now owns 4,305 shares of the company’s stock worth $217,000 after purchasing an additional 198 shares in the last quarter. BTS Asset Management Inc. boosted its position in iShares Treasury Floating Rate Bond ETF by 1.1% during the third quarter. BTS Asset Management Inc. now owns 18,084 shares of the company’s stock worth $915,000 after purchasing an additional 203 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.1% in the third quarter. Thoroughbred Financial Services LLC now owns 19,975 shares of the company’s stock worth $1,010,000 after acquiring an additional 216 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 2.8% in the third quarter. Stratos Wealth Advisors LLC now owns 13,212 shares of the company’s stock valued at $668,000 after acquiring an additional 356 shares in the last quarter. Finally, Intelligence Driven Advisers LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 3.0% in the third quarter. Intelligence Driven Advisers LLC now owns 14,982 shares of the company’s stock valued at $758,000 after acquiring an additional 441 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO opened at $50.50 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.39 and a 52-week high of $50.66. The stock’s fifty day simple moving average is $50.57 and its 200-day simple moving average is $50.54.

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.