Flavin Financial Services Inc. lifted its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR – Free Report) by 31.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,909 shares of the company’s stock after acquiring an additional 49,176 shares during the quarter. T. Rowe Price Floating Rate ETF makes up 5.4% of Flavin Financial Services Inc.’s portfolio, making the stock its 2nd biggest position. Flavin Financial Services Inc. owned 1.19% of T. Rowe Price Floating Rate ETF worth $10,348,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allied Private Wealth LLC bought a new stake in T. Rowe Price Floating Rate ETF in the second quarter valued at $25,000. WPG Advisers LLC purchased a new position in T. Rowe Price Floating Rate ETF during the 1st quarter valued at $55,000. Retirement Planning Group LLC bought a new position in T. Rowe Price Floating Rate ETF in the 1st quarter worth $257,000. NewEdge Advisors LLC bought a new position in T. Rowe Price Floating Rate ETF in the 1st quarter worth $381,000. Finally, Arkadios Wealth Advisors raised its holdings in T. Rowe Price Floating Rate ETF by 23.9% in the 1st quarter. Arkadios Wealth Advisors now owns 7,748 shares of the company’s stock worth $390,000 after purchasing an additional 1,495 shares in the last quarter.
T. Rowe Price Floating Rate ETF Stock Up 0.1%
NYSEARCA:TFLR opened at $50.35 on Thursday. The company has a 50-day moving average price of $50.65 and a 200-day moving average price of $50.68. T. Rowe Price Floating Rate ETF has a 12 month low of $49.77 and a 12 month high of $51.71.
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.
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