Pettinga Financial Advisors LLC Sells 66,959 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Pettinga Financial Advisors LLC lowered its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 94.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,139 shares of the company’s stock after selling 66,959 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $210,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Morgan Stanley raised its holdings in shares of iShares Treasury Floating Rate Bond ETF by 86.4% in the 3rd quarter. Morgan Stanley now owns 7,477,855 shares of the company’s stock valued at $379,426,000 after purchasing an additional 3,465,283 shares in the last quarter. UBS Group AG raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.3% during the 4th quarter. UBS Group AG now owns 4,369,616 shares of the company’s stock worth $220,535,000 after acquiring an additional 97,337 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 2.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,792,224 shares of the company’s stock worth $191,394,000 after acquiring an additional 81,949 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $163,207,000. Finally, Oxbow Advisors LLC raised its stake in shares of iShares Treasury Floating Rate Bond ETF by 17.0% during the 4th quarter. Oxbow Advisors LLC now owns 2,003,130 shares of the company’s stock worth $101,098,000 after acquiring an additional 290,949 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Down 0.4 %

NYSEARCA TFLO opened at $50.46 on Monday. The company has a 50 day moving average price of $50.59 and a 200 day moving average price of $50.57. iShares Treasury Floating Rate Bond ETF has a 52 week low of $50.37 and a 52 week high of $50.76.

iShares Treasury Floating Rate Bond ETF 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.