T. Rowe Price Floating Rate ETF $TFLR is Castle Wealth Management LLC’s 3rd Largest Position

Castle Wealth Management LLC raised its position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,074 shares of the company’s stock after acquiring an additional 12,956 shares during the quarter. T. Rowe Price Floating Rate ETF accounts for about 4.3% of Castle Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Castle Wealth Management LLC’s holdings in T. Rowe Price Floating Rate ETF were worth $12,662,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Financial Connections Group Inc. grew its holdings in T. Rowe Price Floating Rate ETF by 24.0% during the 2nd quarter. Financial Connections Group Inc. now owns 2,067 shares of the company’s stock valued at $106,000 after purchasing an additional 400 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in T. Rowe Price Floating Rate ETF in the 2nd quarter valued at about $122,000. TD Waterhouse Canada Inc. grew its stake in shares of T. Rowe Price Floating Rate ETF by 37.8% during the second quarter. TD Waterhouse Canada Inc. now owns 2,860 shares of the company’s stock valued at $147,000 after acquiring an additional 785 shares in the last quarter. Cranbrook Wealth Management LLC increased its position in shares of T. Rowe Price Floating Rate ETF by 35.3% during the third quarter. Cranbrook Wealth Management LLC now owns 3,102 shares of the company’s stock worth $160,000 after acquiring an additional 810 shares during the last quarter. Finally, Prospera Financial Services Inc acquired a new position in shares of T. Rowe Price Floating Rate ETF in the second quarter worth about $293,000.

T. Rowe Price Floating Rate ETF Stock Performance

Shares of NYSEARCA TFLR opened at $51.62 on Friday. T. Rowe Price Floating Rate ETF has a fifty-two week low of $48.65 and a fifty-two week high of $52.17. The business has a 50 day moving average price of $51.48 and a two-hundred day moving average price of $51.52.

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.