iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) is Sugar Maple Asset Management LLC’s Largest Position

Sugar Maple Asset Management LLC lessened its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 260,625 shares of the company’s stock after selling 13,520 shares during the quarter. iShares Treasury Floating Rate Bond ETF comprises about 10.0% of Sugar Maple Asset Management LLC’s portfolio, making the stock its biggest position. Sugar Maple Asset Management LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $13,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BIP Wealth LLC boosted its stake in shares of iShares Treasury Floating Rate Bond ETF by 19.5% in the 3rd quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock valued at $74,847,000 after purchasing an additional 241,272 shares in the last quarter. Chris Bulman Inc lifted its holdings in iShares Treasury Floating Rate Bond ETF by 13.4% in the third quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock worth $1,972,000 after buying an additional 4,609 shares during the period. BNP Paribas Financial Markets boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 190.9% during the third quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock valued at $3,774,000 after purchasing an additional 48,944 shares in the last quarter. WESCAP Management Group Inc. grew its position in shares of iShares Treasury Floating Rate Bond ETF by 1.2% in the 3rd quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock worth $14,420,000 after buying an additional 3,502 shares during the period. Finally, Coldstream Capital Management Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at approximately $203,000.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0 %

TFLO opened at $50.59 on Tuesday. The stock has a 50-day moving average price of $50.51 and a 200-day moving average price of $50.52. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71.

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.