T. Rowe Price Floating Rate ETF $TFLR Shares Sold by Alexander Labrunerie & CO. Inc.

Alexander Labrunerie & CO. Inc. lowered its position in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 9.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,791 shares of the company’s stock after selling 1,749 shares during the period. Alexander Labrunerie & CO. Inc. owned about 0.27% of T. Rowe Price Floating Rate ETF worth $915,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hager Investment Management Services LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter worth about $39,000. Financial Connections Group Inc. increased its position in T. Rowe Price Floating Rate ETF by 24.0% in the 2nd quarter. Financial Connections Group Inc. now owns 2,067 shares of the company’s stock valued at $106,000 after acquiring an additional 400 shares during the period. D.A. Davidson & CO. acquired a new position in T. Rowe Price Floating Rate ETF in the 2nd quarter valued at about $308,000. Allworth Financial LP increased its position in T. Rowe Price Floating Rate ETF by 9.6% in the 1st quarter. Allworth Financial LP now owns 6,021 shares of the company’s stock valued at $307,000 after acquiring an additional 528 shares during the period. Finally, Fifth Third Securities Inc. increased its position in T. Rowe Price Floating Rate ETF by 4.4% in the 2nd quarter. Fifth Third Securities Inc. now owns 6,395 shares of the company’s stock valued at $329,000 after acquiring an additional 268 shares during the period.

T. Rowe Price Floating Rate ETF Stock Performance

Shares of TFLR stock opened at $51.65 on Tuesday. T. Rowe Price Floating Rate ETF has a 52-week low of $48.65 and a 52-week high of $52.40. The stock’s 50-day moving average price is $51.54 and its 200 day moving average price is $51.39.

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.