Stokes Family Office LLC Cuts Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Stokes Family Office LLC lessened its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 162,377 shares of the company’s stock after selling 11,281 shares during the quarter. iShares Treasury Floating Rate Bond ETF makes up about 1.1% of Stokes Family Office LLC’s portfolio, making the stock its 22nd biggest holding. Stokes Family Office LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $8,195,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in shares of iShares Treasury Floating Rate Bond ETF by 732.3% during the third quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock valued at $1,490,106,000 after acquiring an additional 25,839,099 shares in the last quarter. LPL Financial LLC lifted its stake in iShares Treasury Floating Rate Bond ETF by 113.7% in the third quarter. LPL Financial LLC now owns 11,736,489 shares of the company’s stock valued at $595,509,000 after buying an additional 6,243,626 shares during the last quarter. Morgan Stanley grew its position in iShares Treasury Floating Rate Bond ETF by 86.4% in the 3rd quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after purchasing an additional 3,465,283 shares during the last quarter. UBS Group AG increased its position in iShares Treasury Floating Rate Bond ETF by 31.8% in the 3rd quarter. UBS Group AG now owns 4,272,279 shares of the company’s stock valued at $216,775,000 after acquiring an additional 1,031,589 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at $188,259,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO remained flat at $50.51 during trading on Friday. 1,511,244 shares of the stock were exchanged, compared to its average volume of 2,911,807. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.37 and a 12 month high of $50.76. The business’s fifty day moving average is $50.58 and its two-hundred day moving average is $50.58.

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.