Bank of Montreal Can Sells 38,324 Shares of iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

Bank of Montreal Can lowered its holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) by 20.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 148,218 shares of the company’s stock after selling 38,324 shares during the quarter. Bank of Montreal Can’s holdings in iShares Treasury Floating Rate Bond ETF were worth $7,510,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Family Asset Management LLC purchased a new position in iShares Treasury Floating Rate Bond ETF during the second quarter valued at approximately $41,000. Fifth Third Bancorp bought a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $63,000. Signaturefd LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 215.7% in the 2nd quarter. Signaturefd LLC now owns 1,746 shares of the company’s stock valued at $88,000 after acquiring an additional 1,193 shares during the period. Family Firm Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth $127,000. Finally, Sound Income Strategies LLC boosted its position in iShares Treasury Floating Rate Bond ETF by 12.9% during the first quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock valued at $141,000 after purchasing an additional 318 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0 %

TFLO opened at $50.60 on Tuesday. The business’s 50-day moving average is $50.54 and its two-hundred day moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.37 and a 1 year high of $50.76.

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.