Flavin Financial Services Inc. Acquires 10,368 Shares of T. Rowe Price Floating Rate ETF $TFLR

Flavin Financial Services Inc. boosted its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 8.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,121 shares of the company’s stock after buying an additional 10,368 shares during the period. T. Rowe Price Floating Rate ETF makes up 4.5% of Flavin Financial Services Inc.’s holdings, making the stock its 5th largest position. Flavin Financial Services Inc. owned approximately 1.37% of T. Rowe Price Floating Rate ETF worth $6,637,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in TFLR. Raymond James Financial Inc. increased its position in T. Rowe Price Floating Rate ETF by 3,012.0% during the 3rd quarter. Raymond James Financial Inc. now owns 260,507 shares of the company’s stock valued at $13,404,000 after buying an additional 252,136 shares in the last quarter. My Personal CFO LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF in the fourth quarter valued at about $7,711,000. Bank of America Corp DE increased its holdings in shares of T. Rowe Price Floating Rate ETF by 239.2% in the third quarter. Bank of America Corp DE now owns 205,174 shares of the company’s stock valued at $10,557,000 after purchasing an additional 144,684 shares during the period. Jane Street Group LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF in the first quarter valued at about $3,173,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF in the fourth quarter valued at about $1,751,000.

T. Rowe Price Floating Rate ETF Price Performance

Shares of TFLR stock opened at $50.94 on Thursday. The stock’s 50-day simple moving average is $50.65 and its 200-day simple moving average is $51.08. T. Rowe Price Floating Rate ETF has a fifty-two week low of $49.77 and a fifty-two week high of $51.90.

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.