Sei Investments Co. Invests $65.20 Million in T. Rowe Price Floating Rate ETF $TFLR

Sei Investments Co. bought a new position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,294,767 shares of the company’s stock, valued at approximately $65,199,000. Sei Investments Co. owned about 0.12% of T. Rowe Price Floating Rate ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the stock. Castle Wealth Management LLC increased its position in T. Rowe Price Floating Rate ETF by 4.6% during the first quarter. Castle Wealth Management LLC now owns 266,687 shares of the company’s stock worth $13,430,000 after purchasing an additional 11,748 shares during the last quarter. Raymond James Financial Inc. raised its stake in T. Rowe Price Floating Rate ETF by 3,012.0% during the third quarter. Raymond James Financial Inc. now owns 260,507 shares of the company’s stock worth $13,404,000 after purchasing an additional 252,136 shares during the period. Cetera Investment Advisers boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 11.4% in the 1st quarter. Cetera Investment Advisers now owns 245,133 shares of the company’s stock valued at $12,345,000 after purchasing an additional 25,100 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 239.2% in the 3rd quarter. Bank of America Corp DE now owns 205,174 shares of the company’s stock valued at $10,557,000 after purchasing an additional 144,684 shares during the last quarter. Finally, My Personal CFO LLC boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 14.1% in the 1st quarter. My Personal CFO LLC now owns 171,151 shares of the company’s stock valued at $8,619,000 after purchasing an additional 21,152 shares during the last quarter.

T. Rowe Price Floating Rate ETF Price Performance

Shares of NYSEARCA TFLR opened at $50.72 on Friday. T. Rowe Price Floating Rate ETF has a 52-week low of $49.77 and a 52-week high of $51.84. The firm has a fifty day moving average of $50.68 and a 200-day moving average of $50.82.

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.