iShares Treasury Floating Rate Bond ETF $TFLO Position Lessened by Arta Finance Wealth Management LLC

Arta Finance Wealth Management LLC reduced its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.1% in the first quarter, HoldingsChannel reports. The firm owned 228,780 shares of the company’s stock after selling 47,282 shares during the period. iShares Treasury Floating Rate Bond ETF makes up approximately 5.7% of Arta Finance Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Arta Finance Wealth Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $11,548,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in TFLO. Evolution Wealth Management Inc. purchased a new position in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $32,000. Core Wealth Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $53,000. Strive Financial Group LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at about $55,000. Chapman Financial Group LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $59,000. Finally, Optima Capital LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $62,000.

iShares Treasury Floating Rate Bond ETF Trading Down 0.0%

NYSEARCA TFLO opened at $50.60 on Thursday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.66. The company has a 50 day moving average price of $50.57 and a 200 day moving average price of $50.55.

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.