Matrix Trust Co Acquires New Holdings in T. Rowe Price Floating Rate ETF $TFLR

Matrix Trust Co bought a new stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 160,001 shares of the company’s stock, valued at approximately $8,066,000. T. Rowe Price Floating Rate ETF comprises approximately 1.2% of Matrix Trust Co’s portfolio, making the stock its 20th biggest holding. Matrix Trust Co owned about 1.23% of T. Rowe Price Floating Rate ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF during the 2nd quarter worth $25,000. WPG Advisers LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF in the 1st quarter valued at $55,000. MidAtlantic Capital Management Inc. bought a new stake in T. Rowe Price Floating Rate ETF in the fourth quarter worth $100,000. EverSource Wealth Advisors LLC bought a new stake in T. Rowe Price Floating Rate ETF in the second quarter worth $122,000. Finally, Retirement Planning Group LLC acquired a new position in T. Rowe Price Floating Rate ETF during the first quarter worth $257,000.

T. Rowe Price Floating Rate ETF Stock Performance

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

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.