Avidian Wealth Solutions LLC Cuts Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Avidian Wealth Solutions LLC lessened its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 12.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,565 shares of the company’s stock after selling 4,571 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,593,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLO. National Bank of Canada FI grew its holdings in iShares Treasury Floating Rate Bond ETF by 40.3% during the fourth quarter. National Bank of Canada FI now owns 118,583 shares of the company’s stock worth $5,984,000 after acquiring an additional 34,054 shares during the period. WESCAP Management Group Inc. lifted its holdings in iShares Treasury Floating Rate Bond ETF by 110.3% in the fourth quarter. WESCAP Management Group Inc. now owns 216,885 shares of the company’s stock worth $10,946,000 after acquiring an additional 113,760 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 48.8% in the fourth quarter. Axxcess Wealth Management LLC now owns 953,328 shares of the company’s stock valued at $48,114,000 after acquiring an additional 312,791 shares in the last quarter. SouthState Corp acquired a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth $41,000. Finally, Commonwealth Equity Services LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 13.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,397,527 shares of the company’s stock worth $70,533,000 after acquiring an additional 165,783 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:TFLO traded down $0.01 during midday trading on Friday, hitting $50.50. The company’s stock had a trading volume of 1,511,947 shares, compared to its average volume of 2,911,807. The stock’s 50 day simple moving average is $50.58 and its 200 day simple moving average is $50.58. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.76.

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.