My Personal CFO LLC Acquires New Position in T. Rowe Price Floating Rate ETF $TFLR

My Personal CFO LLC acquired a new stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 149,999 shares of the company’s stock, valued at approximately $7,711,000. T. Rowe Price Floating Rate ETF accounts for approximately 3.2% of My Personal CFO LLC’s holdings, making the stock its 8th largest position. My Personal CFO LLC owned about 1.62% of T. Rowe Price Floating Rate ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Spire Wealth Management purchased a new position in shares of T. Rowe Price Floating Rate ETF during the fourth quarter worth approximately $380,000. Dynamic Advisor Solutions LLC boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 81.6% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 17,786 shares of the company’s stock valued at $914,000 after purchasing an additional 7,994 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in T. Rowe Price Floating Rate ETF by 43.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 52,770 shares of the company’s stock worth $2,720,000 after purchasing an additional 15,924 shares in the last quarter. Occidental Asset Management LLC bought a new position in T. Rowe Price Floating Rate ETF in the fourth quarter worth approximately $499,000. Finally, Insight Wealth Strategies LLC increased its holdings in T. Rowe Price Floating Rate ETF by 5.8% during the 4th quarter. Insight Wealth Strategies LLC now owns 483,518 shares of the company’s stock worth $24,855,000 after purchasing an additional 26,309 shares during the period.

T. Rowe Price Floating Rate ETF Stock Up 0.3%

Shares of NYSEARCA TFLR opened at $50.36 on Wednesday. The business has a fifty day simple moving average of $50.79 and a two-hundred day simple moving average of $51.24. T. Rowe Price Floating Rate ETF has a twelve month low of $48.65 and a twelve month high of $51.90.

T. Rowe Price Floating Rate ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.2552 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 6.1%.

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.