BTS Asset Management Inc. Sells 366 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

BTS Asset Management Inc. lowered its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,423 shares of the company’s stock after selling 366 shares during the period. iShares Treasury Floating Rate Bond ETF makes up about 0.5% of BTS Asset Management Inc.’s holdings, making the stock its 16th biggest position. BTS Asset Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $475,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. EP Wealth Advisors LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $191,000. Coldstream Capital Management Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at about $203,000. Searle & CO. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth about $213,000. PFG Investments LLC purchased a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter valued at about $225,000. Finally, Lifeworks Advisors LLC increased its stake in iShares Treasury Floating Rate Bond ETF by 11.9% in the 3rd 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 Stock Performance

Shares of iShares Treasury Floating Rate Bond ETF stock opened at $50.59 on Friday. iShares Treasury Floating Rate Bond ETF has a 52-week low of $50.36 and a 52-week high of $50.71. The company’s 50 day moving average price is $50.51 and its 200-day moving average price is $50.52.

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.