Resurgent Financial Advisors LLC Has $272,000 Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Resurgent Financial Advisors LLC reduced its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 31.9% during the 1st quarter, Holdings Channel reports. The fund owned 5,361 shares of the company’s stock after selling 2,508 shares during the quarter. Resurgent Financial Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $272,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. SouthState Corp bought a new position in iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at $41,000. Fifth Third Bancorp boosted its holdings in iShares Treasury Floating Rate Bond ETF by 545.7% in the fourth quarter. Fifth Third Bancorp now owns 1,724 shares of the company’s stock valued at $87,000 after acquiring an additional 1,457 shares during the last quarter. Criterion Capital Advisors LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the fourth quarter worth about $98,000. Northwest Capital Management Inc bought a new stake in iShares Treasury Floating Rate Bond ETF during the 4th quarter worth about $122,000. Finally, Sound Income Strategies LLC raised its holdings in iShares Treasury Floating Rate Bond ETF by 12.9% during the 1st quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock worth $141,000 after purchasing an additional 318 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA TFLO remained flat at $50.60 during mid-day trading on Tuesday. 620,459 shares of the stock traded hands, compared to its average volume of 2,433,957. iShares Treasury Floating Rate Bond ETF has a one year low of $50.37 and a one year high of $50.76. The company has a 50 day simple moving average of $50.58 and a two-hundred 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.