Trilogy Capital Inc. Reduces Holdings in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO)

On October 23, 2024, it was reported that Trilogy Capital Inc. has reduced its investment in the iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Free Report) by 11.1% during the third quarter. This information was revealed through the firm's recent filing with the Securities and Exchange Commission. After the sale of 608 shares during this quarter, Trilogy Capital now holds 4,865 shares of this ETF, which had a market value of $246,000 at the time of the filing.

Other investors have also made recent changes to their positions in TFLO. Family Asset Management LLC added a new position in the ETF during the second quarter, investing $41,000. Fifth Third Bancorp also took a new stake worth approximately $63,000 in the second quarter. Additionally, Signaturefd LLC significantly increased its holdings in the ETF by 215.7% during the same period, owning 1,746 shares valued at $88,000 after acquiring 1,193 shares. Another firm, Family Firm Inc., has recently purchased shares worth around $127,000 in TFLO during the second quarter. Finally, Sound Income Strategies LLC expanded its position by 12.9% in the first quarter, ending up with 2,781 shares valued at $141,000 after adding 318 shares in the last quarter.

Current Trading Status of iShares Treasury Floating Rate Bond ETF

As of the latest trading day, shares of NYSEARCA:TFLO were priced at $50.56. Over the past year, this ETF has experienced a low of $50.37 and a high of $50.76. Its fifty-day simple moving average stands at $50.52, while the 200-day simple moving average is at $50.55.

About iShares Treasury Floating Rate Bond ETF

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund designed for investors who seek exposure to investment-grade fixed income. Its primary goal is to track the performance of an index comprising U.S. Treasury floating rate bonds. Since its inception on February 3, 2014, TFLO has been managed by BlackRock, a prominent player in the investment management industry.

iShares, ETF, Trilogy, Bonds, Investments