Kiely Wealth Advisory Group Inc. Decreases Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Kiely Wealth Advisory Group Inc. cut its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 48.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 220,720 shares of the company’s stock after selling 208,678 shares during the period. iShares Treasury Floating Rate Bond ETF comprises approximately 7.1% of Kiely Wealth Advisory Group Inc.’s investment portfolio, making the stock its 4th biggest position. Kiely Wealth Advisory Group Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $11,146,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Insight Wealth Strategies LLC bought a new position in iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at approximately $11,504,000. Park Avenue Securities LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 35.4% during the second quarter. Park Avenue Securities LLC now owns 75,886 shares of the company’s stock valued at $3,844,000 after acquiring an additional 19,850 shares during the last quarter. Anderson Hoagland & Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter valued at $1,161,000. Helen Stephens Group LLC lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 0.6% during the second quarter. Helen Stephens Group LLC now owns 35,610 shares of the company’s stock worth $1,804,000 after purchasing an additional 207 shares during the period. Finally, Simplicity Wealth LLC grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 5.7% in the second quarter. Simplicity Wealth LLC now owns 6,828 shares of the company’s stock worth $346,000 after purchasing an additional 371 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of NYSEARCA:TFLO opened at $50.63 on Friday. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.75. The business has a fifty day simple moving average of $50.53 and a 200 day simple moving average of $50.55.

About iShares Treasury Floating Rate Bond ETF

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.