River Street Advisors LLC Invests $294,000 in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

River Street Advisors LLC acquired a new position in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the first quarter, Holdings Channel reports. The institutional investor acquired 5,690 shares of the company’s stock, valued at approximately $294,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of T. Rowe Price Floating Rate ETF by 7.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,177 shares of the company’s stock worth $577,000 after purchasing an additional 730 shares during the period. True Wealth Design LLC grew its stake in shares of T. Rowe Price Floating Rate ETF by 12.3% during the 4th quarter. True Wealth Design LLC now owns 33,891 shares of the company’s stock worth $1,748,000 after purchasing an additional 3,706 shares during the period. Finally, Castle Wealth Management LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF during the 4th quarter worth approximately $3,389,000.

T. Rowe Price Floating Rate ETF Price Performance

T. Rowe Price Floating Rate ETF stock traded down $0.01 during trading on Friday, reaching $51.55. The company had a trading volume of 8,446 shares, compared to its average volume of 13,392. The firm’s 50-day simple moving average is $51.78 and its 200 day simple moving average is $51.75. T. Rowe Price Floating Rate ETF has a 1-year low of $50.43 and a 1-year high of $52.20.

T. Rowe Price Floating Rate ETF Company 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.