Wealthspire Advisors LLC Decreases Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Wealthspire Advisors LLC decreased its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 8.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,093,941 shares of the company’s stock after selling 99,004 shares during the period. iShares Treasury Floating Rate Bond ETF comprises about 0.8% of Wealthspire Advisors LLC’s holdings, making the stock its 27th biggest position. Wealthspire Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $55,211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at $25,000. Atticus Wealth Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the third quarter worth approximately $30,000. North Star Investment Management Corp. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth approximately $33,000. SouthState Corp purchased a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $41,000. Finally, NBC Securities Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $66,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO traded up $0.02 during midday trading on Thursday, hitting $50.56. 1,719,565 shares of the company’s stock were exchanged, compared to its average volume of 2,879,878. The stock’s 50 day moving average price is $50.58 and its 200-day moving average price is $50.58. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.37 and a twelve month high of $50.76.

About iShares Treasury Floating Rate Bond ETF

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.