LPL Financial LLC Sells 315,540 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

LPL Financial LLC lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,273,176 shares of the company’s stock after selling 315,540 shares during the quarter. LPL Financial LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $266,137,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TFLO. Cedar Mountain Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $28,000. Crewe Advisors LLC bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $55,000. IMG Wealth Management Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $89,000. Principal Securities Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 56.6% in the 4th quarter. Principal Securities Inc. now owns 2,285 shares of the company’s stock worth $115,000 after acquiring an additional 826 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $130,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

NYSEARCA TFLO opened at $50.61 on Monday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The company has a fifty day moving average price of $50.59 and a 200-day moving average price of $50.54.

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.