Royal Bank of Canada reduced its holdings in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR – Free Report) by 88.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,072 shares of the company’s stock after selling 16,153 shares during the period. Royal Bank of Canada’s holdings in T. Rowe Price Floating Rate ETF were worth $105,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sei Investments Co. purchased a new stake in T. Rowe Price Floating Rate ETF during the 1st quarter valued at about $65,199,000. Cetera Investment Advisers boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 11.4% during the 1st quarter. Cetera Investment Advisers now owns 245,133 shares of the company’s stock worth $12,345,000 after purchasing an additional 25,100 shares during the last quarter. Wealthspire Retirement LLC boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 22.2% during the 1st quarter. Wealthspire Retirement LLC now owns 11,724 shares of the company’s stock worth $590,000 after purchasing an additional 2,130 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in shares of T. Rowe Price Floating Rate ETF in the first quarter valued at approximately $257,000. Finally, Castle Wealth Management LLC grew its position in shares of T. Rowe Price Floating Rate ETF by 4.6% in the first quarter. Castle Wealth Management LLC now owns 266,687 shares of the company’s stock valued at $13,430,000 after purchasing an additional 11,748 shares in the last quarter.
T. Rowe Price Floating Rate ETF Stock Up 0.1%
NYSEARCA:TFLR opened at $50.71 on Tuesday. T. Rowe Price Floating Rate ETF has a one year low of $49.77 and a one year high of $51.78. The stock has a 50 day moving average price of $50.63 and a 200 day moving average price of $50.68.
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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