River Street Advisors LLC raised its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR – Free Report) by 73.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,817 shares of the company’s stock after acquiring an additional 22,409 shares during the quarter. River Street Advisors LLC owned approximately 0.49% of T. Rowe Price Floating Rate ETF worth $2,660,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in TFLR. MidAtlantic Capital Management Inc. acquired a new stake in T. Rowe Price Floating Rate ETF during the fourth quarter valued at $100,000. EverSource Wealth Advisors LLC bought a new position in T. Rowe Price Floating Rate ETF during the second quarter worth $122,000. Formidable Asset Management LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF during the fourth quarter valued at about $242,000. Harbour Investments Inc. bought a new stake in shares of T. Rowe Price Floating Rate ETF in the fourth quarter valued at about $269,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of T. Rowe Price Floating Rate ETF in the fourth quarter valued at about $321,000.
T. Rowe Price Floating Rate ETF Price Performance
TFLR stock opened at $50.38 on Friday. T. Rowe Price Floating Rate ETF has a twelve month low of $49.77 and a twelve month high of $51.90. The business’s 50-day simple moving average is $50.80 and its 200 day simple moving average is $50.94.
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. Rowe Price.
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