Matrix Trust Co Takes $8.07 Million Position in T. Rowe Price Floating Rate ETF $TFLR

Matrix Trust Co acquired a new position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 160,001 shares of the company’s stock, valued at approximately $8,066,000. T. Rowe Price Floating Rate ETF makes up about 1.2% of Matrix Trust Co’s investment portfolio, making the stock its 20th largest position.

Several other large investors have also modified their holdings of TFLR. Allied Private Wealth LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF during the 2nd quarter worth $25,000. WPG Advisers LLC bought a new position in T. Rowe Price Floating Rate ETF in the 1st quarter worth $55,000. MidAtlantic Capital Management Inc. acquired a new position in T. Rowe Price Floating Rate ETF during the 4th quarter worth $100,000. EverSource Wealth Advisors LLC acquired a new position in T. Rowe Price Floating Rate ETF during the 2nd quarter worth $122,000. Finally, Retirement Planning Group LLC bought a new stake in T. Rowe Price Floating Rate ETF during the first quarter valued at about $257,000.

T. Rowe Price Floating Rate ETF Price Performance

Shares of NYSEARCA:TFLR opened at $50.65 on Monday. The stock’s 50-day moving average is $50.62 and its 200-day moving average is $50.74. T. Rowe Price Floating Rate ETF has a 52-week low of $49.77 and a 52-week high of $51.78.

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.