Financial Connections Group Inc. Has $108,000 Holdings in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

Financial Connections Group Inc. cut its holdings in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 60.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,072 shares of the company’s stock after selling 3,225 shares during the quarter. Financial Connections Group Inc.’s holdings in T. Rowe Price Floating Rate ETF were worth $108,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Castle Wealth Management LLC increased its position in shares of T. Rowe Price Floating Rate ETF by 106.8% during the first quarter. Castle Wealth Management LLC now owns 135,901 shares of the company’s stock valued at $7,021,000 after purchasing an additional 70,173 shares during the period. 4J Wealth Management LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter valued at approximately $5,453,000. River Street Advisors LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF during the first quarter valued at approximately $294,000. Wealth Enhancement Advisory Services LLC grew its position in T. Rowe Price Floating Rate ETF by 7.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,177 shares of the company’s stock valued at $577,000 after acquiring an additional 730 shares during the period. Finally, True Wealth Design LLC grew its position in T. Rowe Price Floating Rate ETF by 12.3% in the fourth quarter. True Wealth Design LLC now owns 33,891 shares of the company’s stock valued at $1,748,000 after acquiring an additional 3,706 shares during the period.

T. Rowe Price Floating Rate ETF Stock Performance

NYSEARCA:TFLR traded down $0.01 during trading hours on Thursday, reaching $51.73. The company had a trading volume of 11,320 shares, compared to its average volume of 13,424. The stock has a 50-day moving average of $51.79 and a two-hundred day moving average of $51.75. T. Rowe Price Floating Rate ETF has a one year low of $50.43 and a one year high of $52.20.

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.