Transcend Capital Advisors LLC Sells 6,588 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Transcend Capital Advisors LLC reduced its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 11.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,218 shares of the company’s stock after selling 6,588 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $2,535,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 732.3% in the third quarter. Envestnet Asset Management Inc. now owns 29,367,489 shares of the company’s stock worth $1,490,106,000 after purchasing an additional 25,839,099 shares during 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 worth $595,509,000 after acquiring an additional 6,243,626 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth $188,259,000. Morgan Stanley lifted its stake in iShares Treasury Floating Rate Bond ETF by 86.4% in the third quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock worth $379,426,000 after acquiring an additional 3,465,283 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth $163,207,000.

iShares Treasury Floating Rate Bond ETF Stock Performance

TFLO stock traded up $0.02 on Friday, reaching $50.67. The company’s stock had a trading volume of 1,523,873 shares, compared to its average volume of 2,944,155. The business has a fifty day simple moving average of $50.59 and a two-hundred day simple moving average of $50.59. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.37 and a 12-month high of $50.76.

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.