Knowledge Leaders Capital LLC Has $1.75 Million Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Knowledge Leaders Capital LLC trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 66.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,748 shares of the company’s stock after selling 67,726 shares during the period. iShares Treasury Floating Rate Bond ETF comprises 2.8% of Knowledge Leaders Capital LLC’s portfolio, making the stock its 6th largest position. Knowledge Leaders Capital LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $1,754,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its stake in 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 buying an additional 25,839,099 shares in the last quarter. LPL Financial LLC grew its holdings 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 purchasing an additional 6,243,626 shares during the period. Morgan Stanley grew its holdings 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 purchasing an additional 3,465,283 shares during the period. UBS Group AG grew its holdings in iShares Treasury Floating Rate Bond ETF by 31.8% in the third quarter. UBS Group AG now owns 4,272,279 shares of the company’s stock worth $216,775,000 after purchasing an additional 1,031,589 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in iShares Treasury Floating Rate Bond ETF in the third quarter worth about $188,259,000.

iShares Treasury Floating Rate Bond ETF Price Performance

TFLO traded up $0.02 during midday trading 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. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.76. The stock’s 50-day moving average is $50.59 and its 200-day moving average is $50.59.

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.