iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Shares Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 91.5% during the first quarter, Holdings Channel.com reports. The fund owned 8,590 shares of the company’s stock after selling 92,201 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares Treasury Floating Rate Bond ETF were worth $435,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley grew its stake in iShares Treasury Floating Rate Bond ETF by 86.4% during the 3rd quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock valued at $379,426,000 after acquiring an additional 3,465,283 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the third quarter valued at approximately $163,207,000. Scarborough Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 7,871.4% during the fourth quarter. Scarborough Advisors LLC now owns 1,440,276 shares of the company’s stock worth $72,691,000 after buying an additional 1,422,208 shares in the last quarter. Summitry LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the fourth quarter worth approximately $29,984,000. Finally, Beacon Financial Group purchased a new stake in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $23,564,000.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO remained flat at $50.52 during midday trading on Wednesday. The company’s stock had a trading volume of 1,114,485 shares, compared to its average volume of 2,516,191. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.37 and a twelve month high of $50.76. The business has a fifty day simple moving average of $50.57 and a 200 day simple moving average of $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.