iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Sold by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC trimmed its position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 accounts for 10.0% of Sugar Maple Asset Management LLC’s holdings, making the stock its biggest holding. Sugar Maple Asset Management LLC owned 0.19% of iShares Treasury Floating Rate Bond ETF worth $13,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TFLO. EP Wealth Advisors LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 3rd quarter valued at approximately $191,000. Coldstream Capital Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the third quarter valued at $203,000. Searle & CO. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at about $213,000. PFG Investments LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $225,000. Finally, Lifeworks Advisors LLC grew its holdings in iShares Treasury Floating Rate Bond ETF by 11.9% in the third quarter. Lifeworks Advisors LLC now owns 4,518 shares of the company’s stock worth $229,000 after purchasing an additional 481 shares during the period.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.59 on Tuesday. The stock has a 50 day moving average price of $50.51 and a two-hundred day moving average price of $50.52. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.36 and a 52 week high of $50.71.

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.