MML Investors Services LLC Decreases Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MML Investors Services LLC lessened its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 5.5% in the third quarter, Holdings Channel reports. The firm owned 548,652 shares of the company’s stock after selling 31,819 shares during the period. MML Investors Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $27,762,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TFLO. Robinson Smith Wealth Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 5.8% in the 2nd quarter. Robinson Smith Wealth Advisors LLC now owns 111,815 shares of the company’s stock valued at $5,665,000 after acquiring an additional 6,169 shares during the period. Raymond James & Associates lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 3.3% during the second quarter. Raymond James & Associates now owns 307,857 shares of the company’s stock worth $15,596,000 after purchasing an additional 9,691 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 18.8% in the second quarter. Bank of New York Mellon Corp now owns 278,317 shares of the company’s stock worth $14,100,000 after buying an additional 43,967 shares during the period. Dakota Wealth Management acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the second quarter valued at about $388,000. Finally, Total Clarity Wealth Management Inc. raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 31.1% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 55,442 shares of the company’s stock valued at $2,809,000 after buying an additional 13,147 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.50 on Monday. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.71. The business has a 50 day moving average price of $50.52 and a two-hundred day moving average price of $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.