Steele Capital Management Inc. Decreases Position in iShares Treasury Floating Rate Bond ETF $TFLO

by · The Cerbat Gem

Steele Capital Management Inc. reduced its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 47.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,168 shares of the company’s stock after selling 11,800 shares during the quarter. Steele Capital Management Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $664,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TFLO. Seeds Investor LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 30.5% in the 4th quarter. Seeds Investor LLC now owns 140,946 shares of the company’s stock worth $7,112,000 after acquiring an additional 32,977 shares during the period. PFG Investments LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at approximately $236,000. Elevation Capital Advisory LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at $6,563,000. Valmark Advisers Inc. raised its position in shares of iShares Treasury Floating Rate Bond ETF by 11.5% in the 4th quarter. Valmark Advisers Inc. now owns 12,297 shares of the company’s stock valued at $621,000 after purchasing an additional 1,264 shares in the last quarter. Finally, Invested Advisors bought a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at about $505,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.57 on Monday. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.67. The business has a 50 day moving average of $50.56 and a two-hundred day moving average of $50.53.

iShares Treasury Floating Rate Bond ETF Profile

(Free Report)

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.

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