T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) Position Increased by Castle Wealth Management LLC

Castle Wealth Management LLC increased its stake in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 6.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 225,592 shares of the company’s stock after acquiring an additional 12,725 shares during the period. T. Rowe Price Floating Rate ETF comprises about 4.6% of Castle Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Castle Wealth Management LLC owned 0.08% of T. Rowe Price Floating Rate ETF worth $11,660,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TFLR. MidAtlantic Capital Management Inc. purchased a new stake in T. Rowe Price Floating Rate ETF during the third quarter worth about $64,000. OLD Second National Bank of Aurora boosted its holdings in T. Rowe Price Floating Rate ETF by 58.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 1,837 shares of the company’s stock worth $95,000 after buying an additional 678 shares in the last quarter. Luken Investment Analytics LLC purchased a new stake in T. Rowe Price Floating Rate ETF during the fourth quarter worth about $182,000. Kingsview Wealth Management LLC purchased a new stake in T. Rowe Price Floating Rate ETF during the fourth quarter worth about $208,000. Finally, Clear Creek Financial Management LLC purchased a new stake in shares of T. Rowe Price Floating Rate ETF in the fourth quarter valued at about $243,000.

T. Rowe Price Floating Rate ETF Stock Down 0.1 %

Shares of NYSEARCA TFLR opened at $51.69 on Thursday. T. Rowe Price Floating Rate ETF has a 12-month low of $50.82 and a 12-month high of $52.40. The firm’s 50-day moving average is $51.83 and its two-hundred day moving average is $51.74.

T. Rowe Price Floating Rate ETF Company 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.