Magnus Financial Group LLC Cuts Stake in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Magnus Financial Group LLC lessened its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 56.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,343 shares of the company’s stock after selling 19,887 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Treasury Floating Rate Bond ETF were worth $774,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TFLO. BIP Wealth LLC grew its holdings in shares of iShares Treasury Floating Rate Bond ETF by 19.5% in the third quarter. BIP Wealth LLC now owns 1,479,294 shares of the company’s stock worth $74,847,000 after purchasing an additional 241,272 shares during the last quarter. Chris Bulman Inc grew its holdings in iShares Treasury Floating Rate Bond ETF by 13.4% in the 3rd quarter. Chris Bulman Inc now owns 38,971 shares of the company’s stock worth $1,972,000 after acquiring an additional 4,609 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in iShares Treasury Floating Rate Bond ETF by 190.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 74,580 shares of the company’s stock worth $3,774,000 after acquiring an additional 48,944 shares during the last quarter. WESCAP Management Group Inc. increased its position in shares of iShares Treasury Floating Rate Bond ETF by 1.2% in the third quarter. WESCAP Management Group Inc. now owns 284,989 shares of the company’s stock valued at $14,420,000 after acquiring an additional 3,502 shares during the period. Finally, Coldstream Capital Management Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF during the third quarter valued at about $203,000.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.61 on Thursday. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.36 and a 1 year high of $50.71. The business’s 50-day moving average is $50.52 and its 200 day moving average is $50.53.

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.