Kiely Wealth Advisory Group Inc. Sells 3,798 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Kiely Wealth Advisory Group Inc. lessened its stake in shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 0.9% in the 2nd quarter, Holdings Channel reports. The firm owned 429,398 shares of the company’s stock after selling 3,798 shares during the period. iShares Treasury Floating Rate Bond ETF accounts for 11.9% of Kiely Wealth Advisory Group Inc.’s investment portfolio, making the stock its 3rd largest holding. Kiely Wealth Advisory Group Inc.’s holdings in iShares Treasury Floating Rate Bond ETF were worth $21,676,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 12.3% in the second quarter. LPL Financial LLC now owns 5,686,827 shares of the company’s stock worth $288,095,000 after buying an additional 621,738 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Treasury Floating Rate Bond ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,515,358 shares of the company’s stock worth $178,088,000 after purchasing an additional 359,290 shares during the last quarter. Cetera Investment Advisers grew its position in shares of iShares Treasury Floating Rate Bond ETF by 4.5% in the first quarter. Cetera Investment Advisers now owns 1,778,274 shares of the company’s stock valued at $90,141,000 after purchasing an additional 75,813 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 7.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,440,842 shares of the company’s stock valued at $72,993,000 after purchasing an additional 103,014 shares during the last quarter. Finally, Scarborough Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 7,871.4% during the fourth quarter. Scarborough Advisors LLC now owns 1,440,276 shares of the company’s stock worth $72,691,000 after buying an additional 1,422,208 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

NYSEARCA TFLO opened at $50.55 on Friday. The stock’s fifty day moving average is $50.54 and its two-hundred day moving average is $50.56. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.76.

iShares Treasury Floating Rate Bond ETF Company 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.