Castle Wealth Management LLC lifted its stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR – Free Report) by 4.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 comprises about 4.4% of Castle Wealth Management LLC’s holdings, making the stock its 4th largest holding. Castle Wealth Management LLC owned about 2.37% of T. Rowe Price Floating Rate ETF worth $13,430,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. Red Mountain Financial LLC raised its holdings in T. Rowe Price Floating Rate ETF by 44.1% in the fourth quarter. Red Mountain Financial LLC now owns 34,419 shares of the company’s stock valued at $1,769,000 after acquiring an additional 10,526 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in T. Rowe Price Floating Rate ETF by 10,280.5% during the 4th quarter. Farther Finance Advisors LLC now owns 28,235 shares of the company’s stock worth $1,451,000 after buying an additional 27,963 shares during the last quarter. Verus Capital Partners LLC purchased a new position in shares of T. Rowe Price Floating Rate ETF in the 4th quarter valued at about $5,012,000. Wealth Enhancement Advisory Services LLC boosted its holdings in T. Rowe Price Floating Rate ETF by 43.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 52,770 shares of the company’s stock valued at $2,720,000 after purchasing an additional 15,924 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in T. Rowe Price Floating Rate ETF in the fourth quarter valued at approximately $1,751,000.
T. Rowe Price Floating Rate ETF Stock Up 0.0%
TFLR stock traded up $0.01 during midday trading on Friday, reaching $50.64. 67,834 shares of the company were exchanged, compared to its average volume of 91,158. T. Rowe Price Floating Rate ETF has a 1-year low of $49.77 and a 1-year high of $51.90. The stock’s 50-day simple moving average is $50.73 and its 200 day simple moving average is $50.87.
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.
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