Proficio Capital Partners LLC Sells 203,682 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Proficio Capital Partners LLC lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 55.4% during the 1st quarter, HoldingsChannel reports. The fund owned 163,655 shares of the company’s stock after selling 203,682 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises approximately 0.9% of Proficio Capital Partners LLC’s portfolio, making the stock its 23rd biggest holding. Proficio Capital Partners LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $8,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TFLO. RHS Financial LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 5.9% in the 1st quarter. RHS Financial LLC now owns 4,654 shares of the company’s stock valued at $236,000 after purchasing an additional 260 shares during the last quarter. Sound Income Strategies LLC boosted its stake in iShares Treasury Floating Rate Bond ETF by 12.9% during the first quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock worth $141,000 after buying an additional 318 shares during the period. RDA Financial Network increased its position in iShares Treasury Floating Rate Bond ETF by 8.4% during the fourth quarter. RDA Financial Network now owns 4,759 shares of the company’s stock valued at $240,000 after acquiring an additional 368 shares during the last quarter. Shira Ridge Wealth Management raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 7.0% in the fourth quarter. Shira Ridge Wealth Management now owns 7,456 shares of the company’s stock valued at $376,000 after acquiring an additional 488 shares during the period. Finally, Valmark Advisers Inc. boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 7.4% during the 4th quarter. Valmark Advisers Inc. now owns 7,184 shares of the company’s stock worth $363,000 after purchasing an additional 492 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA:TFLO traded up $0.02 during mid-day trading on Tuesday, hitting $50.53. 1,565,001 shares of the stock traded hands, compared to its average volume of 2,526,967. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76. The firm’s 50 day moving average is $50.58 and its two-hundred day moving average is $50.58.

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.