Commonwealth Equity Services LLC Acquires New Stake in T. Rowe Price Floating Rate ETF $TFLR

Commonwealth Equity Services LLC acquired a new position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 162,949 shares of the company’s stock, valued at approximately $8,229,000.

Other hedge funds have also recently bought and sold shares of the company. Sei Investments Co. bought a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter worth approximately $65,199,000. Onyx Bridge Wealth Group LLC bought a new position in T. Rowe Price Floating Rate ETF during the third quarter worth about $15,518,000. Insight Wealth Strategies LLC lifted its holdings in shares of T. Rowe Price Floating Rate ETF by 102.2% during the 2nd quarter. Insight Wealth Strategies LLC now owns 557,681 shares of the company’s stock valued at $28,102,000 after purchasing an additional 281,911 shares in the last quarter. Matrix Trust Co acquired a new position in shares of T. Rowe Price Floating Rate ETF in the second quarter valued at approximately $8,066,000. Finally, Soltis Investment Advisors LLC acquired a new position in T. Rowe Price Floating Rate ETF in the 3rd quarter worth $3,483,000.

T. Rowe Price Floating Rate ETF Stock Up 0.0%

NYSEARCA:TFLR opened at $50.36 on Friday. T. Rowe Price Floating Rate ETF has a twelve month low of $49.77 and a twelve month high of $51.68. The business has a 50 day moving average price of $50.48 and a two-hundred day moving average price of $50.65.

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.