Summit Wealth Group LLC Co. purchased a new stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 43,058 shares of the company’s stock, valued at approximately $2,174,000. Summit Wealth Group LLC Co. owned 0.25% of T. Rowe Price Floating Rate ETF at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in TFLR. Sei Investments Co. bought a new position in T. Rowe Price Floating Rate ETF during the 1st quarter worth $65,199,000. Insight Wealth Strategies LLC boosted its position in shares of T. Rowe Price Floating Rate ETF by 102.2% in the second quarter. Insight Wealth Strategies LLC now owns 557,681 shares of the company’s stock valued at $28,102,000 after acquiring an additional 281,911 shares during the period. Onyx Bridge Wealth Group LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF in the third quarter valued at about $15,518,000. Castle Wealth Management LLC grew its stake in shares of T. Rowe Price Floating Rate ETF by 4.6% in the first quarter. Castle Wealth Management LLC now owns 266,687 shares of the company’s stock valued at $13,430,000 after acquiring an additional 11,748 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of T. Rowe Price Floating Rate ETF by 11.4% in the first quarter. Cetera Investment Advisers now owns 245,133 shares of the company’s stock valued at $12,345,000 after acquiring an additional 25,100 shares in the last quarter.
T. Rowe Price Floating Rate ETF Stock Down 0.1%
NYSEARCA:TFLR opened at $50.05 on Tuesday. T. Rowe Price Floating Rate ETF has a 52 week low of $49.77 and a 52 week high of $51.68. The firm’s 50-day simple moving average is $50.55 and its 200 day simple moving average is $50.71.
T. Rowe Price Floating Rate ETF Company 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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