Flavin Financial Services Inc. Buys 15,047 Shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

Flavin Financial Services Inc. boosted its stake in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 28.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 68,262 shares of the company’s stock after buying an additional 15,047 shares during the period. T. Rowe Price Floating Rate ETF makes up approximately 3.2% of Flavin Financial Services Inc.’s holdings, making the stock its 10th biggest holding. Flavin Financial Services Inc.’s holdings in T. Rowe Price Floating Rate ETF were worth $3,484,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers acquired a new stake in T. Rowe Price Floating Rate ETF during the 4th quarter worth approximately $241,000. Centurion Wealth Management LLC grew its stake in shares of T. Rowe Price Floating Rate ETF by 26.8% during the 4th quarter. Centurion Wealth Management LLC now owns 5,164 shares of the company’s stock worth $267,000 after acquiring an additional 1,092 shares in the last quarter. CPA Asset Management LLC bought a new position in shares of T. Rowe Price Floating Rate ETF during the 1st quarter worth approximately $639,000. LPL Financial LLC grew its stake in shares of T. Rowe Price Floating Rate ETF by 56.6% during the 4th quarter. LPL Financial LLC now owns 12,586 shares of the company’s stock worth $651,000 after acquiring an additional 4,549 shares in the last quarter. Finally, World Investment Advisors grew its stake in shares of T. Rowe Price Floating Rate ETF by 42.6% during the 4th quarter. World Investment Advisors now owns 13,827 shares of the company’s stock worth $715,000 after acquiring an additional 4,134 shares in the last quarter.

T. Rowe Price Floating Rate ETF Stock Down 0.5%

Shares of TFLR opened at $51.31 on Thursday. T. Rowe Price Floating Rate ETF has a twelve month low of $48.65 and a twelve month high of $52.40. The company has a 50 day moving average of $51.20 and a 200-day moving average of $51.38.

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.