Waverly Advisors LLC Has $9.28 Million Stock Position in iShares Treasury Floating Rate Bond ETF $TFLO

Waverly Advisors LLC cut its holdings in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 17.8% in the first quarter, Holdings Channel reports. The institutional investor owned 183,323 shares of the company’s stock after selling 39,767 shares during the quarter. Waverly Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $9,282,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of TFLO. Bank of America Corp DE increased its position in iShares Treasury Floating Rate Bond ETF by 9.7% during the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock worth $363,621,000 after acquiring an additional 637,336 shares during the period. LPL Financial LLC grew its position in iShares Treasury Floating Rate Bond ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock worth $340,926,000 after purchasing an additional 426,615 shares during the last quarter. Mariner LLC grew its position in iShares Treasury Floating Rate Bond ETF by 1.9% in the 3rd quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock worth $88,137,000 after purchasing an additional 32,589 shares during the last quarter. Wealthspire Advisors LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 18.3% during the 4th quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after purchasing an additional 266,825 shares during the period. Finally, Arbor Investment Advisors LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 8.3% during the 1st quarter. Arbor Investment Advisors LLC now owns 1,337,826 shares of the company’s stock worth $67,734,000 after purchasing an additional 102,751 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

Shares of TFLO opened at $50.64 on Tuesday. The company has a 50-day simple moving average of $50.57 and a 200-day simple moving average of $50.56. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.39 and a 52 week high of $50.66.

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.