MONECO Advisors LLC Sells 430 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MONECO Advisors LLC trimmed its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 3.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 12,110 shares of the company’s stock after selling 430 shares during the quarter. MONECO Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $613,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC raised its position in shares of iShares Treasury Floating Rate Bond ETF by 12.3% during the 2nd quarter. LPL Financial LLC now owns 5,686,827 shares of the company’s stock valued at $288,095,000 after acquiring an additional 621,738 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 11.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,515,358 shares of the company’s stock worth $178,088,000 after purchasing an additional 359,290 shares during the period. Cetera Investment Advisers increased its holdings in iShares Treasury Floating Rate Bond ETF by 16.1% in the second quarter. Cetera Investment Advisers now owns 2,065,105 shares of the company’s stock valued at $104,618,000 after purchasing an additional 286,831 shares during the last quarter. Arbor Investment Advisors LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 10.0% in the third quarter. Arbor Investment Advisors LLC now owns 1,674,846 shares of the company’s stock valued at $84,747,000 after buying an additional 151,847 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in iShares Treasury Floating Rate Bond ETF by 7.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,440,842 shares of the company’s stock worth $72,993,000 after buying an additional 103,014 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock opened at $50.60 on Wednesday. The business has a 50-day moving average of $50.53 and a 200-day moving average of $50.56. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.76.

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.