T. Rowe Price Floating Rate ETF $TFLR Shares Purchased by Financial Connections Group Inc.

Financial Connections Group Inc. boosted its position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 24.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,067 shares of the company’s stock after purchasing an additional 400 shares during the period. Financial Connections Group Inc.’s holdings in T. Rowe Price Floating Rate ETF were worth $106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its position in T. Rowe Price Floating Rate ETF by 4.4% in the second quarter. Fifth Third Securities Inc. now owns 6,395 shares of the company’s stock valued at $329,000 after purchasing an additional 268 shares during the period. Allworth Financial LP lifted its position in T. Rowe Price Floating Rate ETF by 9.6% in the first quarter. Allworth Financial LP now owns 6,021 shares of the company’s stock valued at $307,000 after purchasing an additional 528 shares during the period. Hager Investment Management Services LLC acquired a new stake in T. Rowe Price Floating Rate ETF in the first quarter valued at about $39,000. Clear Creek Financial Management LLC lifted its position in T. Rowe Price Floating Rate ETF by 16.2% in the second quarter. Clear Creek Financial Management LLC now owns 7,900 shares of the company’s stock valued at $406,000 after purchasing an additional 1,104 shares during the period. Finally, Castle Wealth Management LLC lifted its position in T. Rowe Price Floating Rate ETF by 0.6% in the first quarter. Castle Wealth Management LLC now owns 227,013 shares of the company’s stock valued at $11,587,000 after purchasing an additional 1,421 shares during the period.

T. Rowe Price Floating Rate ETF Stock Performance

Shares of NYSEARCA:TFLR opened at $51.27 on Friday. T. Rowe Price Floating Rate ETF has a 52 week low of $48.65 and a 52 week high of $52.40. The company has a 50-day moving average price of $51.55 and a 200 day moving average price of $51.30.

T. Rowe Price Floating Rate ETF Profile

The T. Rowe Price Floating Rate ETF (TFLR) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on high yield fixed income. TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans TFLR was launched on Nov 16, 2022 and is managed by T.