Castle Wealth Management LLC Purchases 11,748 Shares of T. Rowe Price Floating Rate ETF $TFLR

Castle Wealth Management LLC increased its position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 4.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 266,687 shares of the company’s stock after purchasing an additional 11,748 shares during the period. T. Rowe Price Floating Rate ETF accounts for about 4.4% of Castle Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Castle Wealth Management LLC’s holdings in T. Rowe Price Floating Rate ETF were worth $13,430,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Red Mountain Financial LLC increased its position in T. Rowe Price Floating Rate ETF by 44.1% during the fourth quarter. Red Mountain Financial LLC now owns 34,419 shares of the company’s stock worth $1,769,000 after buying an additional 10,526 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 10,280.5% in the fourth quarter. Farther Finance Advisors LLC now owns 28,235 shares of the company’s stock valued at $1,451,000 after acquiring an additional 27,963 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of T. Rowe Price Floating Rate ETF by 43.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 52,770 shares of the company’s stock worth $2,720,000 after acquiring an additional 15,924 shares during the last quarter. Verus Capital Partners LLC purchased a new position in shares of T. Rowe Price Floating Rate ETF during the fourth quarter worth approximately $5,012,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF in the 4th quarter valued at $1,751,000.

T. Rowe Price Floating Rate ETF Stock Up 0.0%

TFLR stock traded up $0.01 on Friday, hitting $50.64. The company’s stock had a trading volume of 67,834 shares, compared to its average volume of 91,158. The firm has a 50 day moving average of $50.73 and a two-hundred day moving average of $50.87. T. Rowe Price Floating Rate ETF has a 1 year low of $49.77 and a 1 year high of $51.90.

T. Rowe Price Floating Rate ETF 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.