Verus Capital Partners LLC Invests $5.01 Million in T. Rowe Price Floating Rate ETF $TFLR

Verus Capital Partners LLC purchased a new position in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 97,493 shares of the company’s stock, valued at approximately $5,012,000. Verus Capital Partners LLC owned 1.03% of T. Rowe Price Floating Rate ETF at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of TFLR. Raymond James Financial Inc. raised its position in shares of T. Rowe Price Floating Rate ETF by 3,012.0% during the third quarter. Raymond James Financial Inc. now owns 260,507 shares of the company’s stock worth $13,404,000 after purchasing an additional 252,136 shares during the period. My Personal CFO LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF during the fourth quarter worth about $7,711,000. Bank of America Corp DE raised its position in shares of T. Rowe Price Floating Rate ETF by 239.2% during the third quarter. Bank of America Corp DE now owns 205,174 shares of the company’s stock worth $10,557,000 after purchasing an additional 144,684 shares during the period. Flavin Financial Services Inc. raised its position in shares of T. Rowe Price Floating Rate ETF by 135.4% during the third quarter. Flavin Financial Services Inc. now owns 118,753 shares of the company’s stock worth $6,110,000 after purchasing an additional 68,301 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter worth about $3,173,000.

T. Rowe Price Floating Rate ETF Trading Down 0.1%

NYSEARCA:TFLR opened at $50.75 on Thursday. T. Rowe Price Floating Rate ETF has a 52-week low of $49.77 and a 52-week high of $51.90. The stock has a 50-day simple moving average of $50.75 and a 200 day simple moving average of $51.02.

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. Rowe Price.