Cypress Wealth Services LLC Trims Stock Position in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Cypress Wealth Services LLC cut its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 88.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,724 shares of the company’s stock after selling 53,614 shares during the period. Cypress Wealth Services LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $341,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley increased its position in shares of iShares Treasury Floating Rate Bond ETF by 86.4% during the third 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 during the last quarter. UBS Group AG increased its position in shares of iShares Treasury Floating Rate Bond ETF by 2.3% during the fourth quarter. UBS Group AG now owns 4,369,616 shares of the company’s stock valued at $220,535,000 after acquiring an additional 97,337 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 2.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,792,224 shares of the company’s stock valued at $191,394,000 after acquiring an additional 81,949 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at about $163,207,000. Finally, Oxbow Advisors LLC increased its position in shares of iShares Treasury Floating Rate Bond ETF by 17.0% during the fourth quarter. Oxbow Advisors LLC now owns 2,003,130 shares of the company’s stock valued at $101,098,000 after acquiring an additional 290,949 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

Shares of TFLO traded up $0.01 during trading on Thursday, reaching $50.65. 1,177,179 shares of the company traded hands, compared to its average volume of 2,572,228. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.37 and a twelve month high of $50.76. The stock has a 50-day simple moving average of $50.59 and a 200-day simple moving average of $50.57.

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.