Fifth Third Securities Inc. Acquires New Shares in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

Fifth Third Securities Inc. acquired a new stake in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the second quarter, according to its most recent filing with the SEC. The fund acquired 3,960 shares of the company’s stock, valued at approximately $204,000. Fifth Third Securities Inc. owned 0.15% of T. Rowe Price Floating Rate ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TFLR. 4J Wealth Management LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF during the 1st quarter valued at $5,453,000. Castle Wealth Management LLC raised its stake in shares of T. Rowe Price Floating Rate ETF by 106.8% during the 1st 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. River Street Advisors LLC purchased a new position in T. Rowe Price Floating Rate ETF during the first quarter worth about $294,000. True Wealth Design LLC grew its position in T. Rowe Price Floating Rate ETF by 12.3% during the fourth quarter. True Wealth Design LLC now owns 33,891 shares of the company’s stock worth $1,748,000 after buying an additional 3,706 shares in the last quarter. Finally, OLD Second National Bank of Aurora purchased a new position in T. Rowe Price Floating Rate ETF during the first quarter worth about $77,000.

T. Rowe Price Floating Rate ETF Price Performance

T. Rowe Price Floating Rate ETF stock traded down $0.11 during midday trading on Monday, hitting $51.29. 35,051 shares of the company’s stock were exchanged, compared to its average volume of 14,785. T. Rowe Price Floating Rate ETF has a 52-week low of $50.43 and a 52-week high of $52.20. The stock has a 50-day moving average price of $51.71 and a two-hundred day moving average price of $51.74.

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.