MV Capital Management Inc. Sells 7,320 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

MV Capital Management Inc. cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 73.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,679 shares of the company’s stock after selling 7,320 shares during the period. MV Capital Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $135,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SPC Financial Inc. lifted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 878.7% in the fourth quarter. SPC Financial Inc. now owns 1,600,189 shares of the company’s stock valued at $80,762,000 after purchasing an additional 1,436,691 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $59,654,000. Strategic Financial Concepts LLC raised its position in iShares Treasury Floating Rate Bond ETF by 4,069.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 485,129 shares of the company’s stock worth $24,484,000 after acquiring an additional 473,495 shares in the last quarter. Private Advisor Group LLC grew its position in shares of iShares Treasury Floating Rate Bond ETF by 99.4% in the 4th quarter. Private Advisor Group LLC now owns 907,869 shares of the company’s stock valued at $45,820,000 after acquiring an additional 452,562 shares during the period. Finally, Proficio Capital Partners LLC increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 535.4% during the 4th quarter. Proficio Capital Partners LLC now owns 527,890 shares of the company’s stock worth $26,643,000 after purchasing an additional 444,805 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.65 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 firm has a 50-day moving average of $50.59 and a 200-day moving average of $50.54.

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.