Salem Investment Counselors Inc. Trims Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Salem Investment Counselors Inc. trimmed its position in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 23.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 772 shares of the company’s stock after selling 232 shares during the quarter. Salem Investment Counselors Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $39,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 40.2% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 4,424 shares of the company’s stock worth $224,000 after purchasing an additional 1,269 shares during the period. One Charles Private Wealth Services LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 1.9% during the 3rd quarter. One Charles Private Wealth Services LLC now owns 17,946 shares of the company’s stock worth $911,000 after acquiring an additional 337 shares during the period. Mutual Advisors LLC raised its stake in iShares Treasury Floating Rate Bond ETF by 32.6% during the 3rd quarter. Mutual Advisors LLC now owns 89,071 shares of the company’s stock worth $4,519,000 after acquiring an additional 21,893 shares during the period. W Advisors LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $695,000. Finally, Thomas J. Herzfeld Advisors Inc. raised its stake in iShares Treasury Floating Rate Bond ETF by 802.8% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 49,276 shares of the company’s stock worth $2,500,000 after acquiring an additional 43,818 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

NYSEARCA TFLO opened at $50.63 on Monday. iShares Treasury Floating Rate Bond ETF has a 12 month low of $50.37 and a 12 month high of $50.76. The company’s 50 day moving average is $50.59 and its two-hundred day moving average is $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.