SteelPeak Wealth LLC Has $7.91 Million Stock Position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

SteelPeak Wealth LLC increased its stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 112.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 152,953 shares of the company’s stock after buying an additional 80,816 shares during the quarter. SteelPeak Wealth LLC owned approximately 5.66% of T. Rowe Price Floating Rate ETF worth $7,906,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Castle Wealth Management LLC lifted its stake in T. Rowe Price Floating Rate ETF by 9.0% in the 3rd quarter. Castle Wealth Management LLC now owns 212,867 shares of the company’s stock valued at $10,990,000 after purchasing an additional 17,497 shares during the last quarter. True Wealth Design LLC raised its stake in T. Rowe Price Floating Rate ETF by 17.2% in the third quarter. True Wealth Design LLC now owns 45,492 shares of the company’s stock valued at $2,349,000 after buying an additional 6,675 shares during the period. Aviso Wealth Management acquired a new stake in shares of T. Rowe Price Floating Rate ETF in the third quarter valued at approximately $2,280,000. Exchange Traded Concepts LLC bought a new position in shares of T. Rowe Price Floating Rate ETF during the 4th quarter worth approximately $1,604,000. Finally, Alexander Labrunerie & CO. Inc. acquired a new position in shares of T. Rowe Price Floating Rate ETF during the 3rd quarter worth approximately $1,023,000.

T. Rowe Price Floating Rate ETF Stock Performance

TFLR opened at $51.72 on Wednesday. The stock’s fifty day simple moving average is $51.87 and its 200 day simple moving average is $51.75. T. Rowe Price Floating Rate ETF has a 1-year low of $50.82 and a 1-year high of $52.40.

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.