T. Rowe Price Floating Rate ETF $TFLR Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC trimmed its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 31.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 383,452 shares of the company’s stock after selling 174,229 shares during the period. T. Rowe Price Floating Rate ETF comprises 1.9% of Insight Wealth Strategies LLC’s holdings, making the stock its 16th largest holding. Insight Wealth Strategies LLC’s holdings in T. Rowe Price Floating Rate ETF were worth $19,364,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in TFLR. Matrix Trust Co purchased a new stake in T. Rowe Price Floating Rate ETF in the second quarter valued at about $8,066,000. Sei Investments Co. purchased a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter worth about $65,199,000. Vicus Capital acquired a new position in shares of T. Rowe Price Floating Rate ETF during the first quarter valued at about $4,630,000. K2 Financial Inc. purchased a new position in shares of T. Rowe Price Floating Rate ETF in the 1st quarter valued at approximately $547,000. Finally, Kestra Advisory Services LLC raised its position in shares of T. Rowe Price Floating Rate ETF by 91.4% in the 1st quarter. Kestra Advisory Services LLC now owns 77,507 shares of the company’s stock valued at $3,903,000 after purchasing an additional 37,002 shares during the last quarter.

T. Rowe Price Floating Rate ETF Stock Down 0.0%

TFLR stock traded down $0.03 during trading on Friday, reaching $50.41. The company had a trading volume of 42,304 shares, compared to its average volume of 103,123. T. Rowe Price Floating Rate ETF has a twelve month low of $49.77 and a twelve month high of $51.71. The firm has a 50-day simple moving average of $50.69 and a 200-day simple moving average of $50.69.

About T. Rowe Price Floating Rate ETF

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. Rowe Price.