T. Rowe Price Floating Rate ETF $TFLR Position Raised by Flavin Financial Services Inc.

Flavin Financial Services Inc. raised its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 31.6% in the third quarter, Holdings Channel.com reports. The firm owned 204,909 shares of the company’s stock after purchasing an additional 49,176 shares during the period. T. Rowe Price Floating Rate ETF comprises 5.4% of Flavin Financial Services Inc.’s portfolio, making the stock its 2nd largest holding. Flavin Financial Services Inc.’s holdings in T. Rowe Price Floating Rate ETF were worth $10,348,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Matrix Trust Co bought a new stake in shares of T. Rowe Price Floating Rate ETF in the 2nd quarter worth approximately $8,066,000. Sei Investments Co. purchased a new position in T. Rowe Price Floating Rate ETF during the first quarter valued at $65,199,000. Vicus Capital bought a new stake in T. Rowe Price Floating Rate ETF in the first quarter worth $4,630,000. Insight Wealth Strategies LLC boosted its holdings in 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 worth $28,102,000 after acquiring an additional 281,911 shares in the last quarter. Finally, K2 Financial Inc. purchased a new stake in shares of T. Rowe Price Floating Rate ETF in the first quarter worth $547,000.

T. Rowe Price Floating Rate ETF Stock Performance

Shares of NYSEARCA:TFLR opened at $50.35 on Thursday. T. Rowe Price Floating Rate ETF has a 1-year low of $49.77 and a 1-year high of $51.71. The business has a fifty day moving average price of $50.65 and a 200-day moving average price of $50.68.

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.