Wealth Enhancement Advisory Services LLC Acquires 15,924 Shares of T. Rowe Price Floating Rate ETF $TFLR

Wealth Enhancement Advisory Services LLC grew its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 43.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,770 shares of the company’s stock after buying an additional 15,924 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in T. Rowe Price Floating Rate ETF were worth $2,720,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. True Wealth Design LLC grew its holdings in shares of T. Rowe Price Floating Rate ETF by 0.5% in the 3rd quarter. True Wealth Design LLC now owns 41,342 shares of the company’s stock valued at $2,127,000 after acquiring an additional 218 shares in the last quarter. Mariner LLC raised its holdings in T. Rowe Price Floating Rate ETF by 1.4% during the third quarter. Mariner LLC now owns 22,491 shares of the company’s stock worth $1,157,000 after acquiring an additional 319 shares in the last quarter. Clear Investment Research LLC bought a new stake in T. Rowe Price Floating Rate ETF during the third quarter worth about $34,000. Cranbrook Wealth Management LLC boosted its position in T. Rowe Price Floating Rate ETF by 35.3% during the third quarter. Cranbrook Wealth Management LLC now owns 3,102 shares of the company’s stock valued at $160,000 after purchasing an additional 810 shares during the last quarter. Finally, 1620 Investment Advisors Inc. boosted its position in T. Rowe Price Floating Rate ETF by 7.9% during the third quarter. 1620 Investment Advisors Inc. now owns 11,230 shares of the company’s stock valued at $578,000 after purchasing an additional 818 shares during the last quarter.

T. Rowe Price Floating Rate ETF Stock Performance

TFLR stock opened at $50.42 on Thursday. T. Rowe Price Floating Rate ETF has a twelve month low of $48.65 and a twelve month high of $51.90. The business has a 50 day moving average price of $50.77 and a two-hundred day moving average price of $51.23.

T. Rowe Price Floating Rate ETF Cuts Dividend

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

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.