Wealth Enhancement Advisory Services LLC Boosts Position in T. Rowe Price Floating Rate ETF $TFLR

Wealth Enhancement Advisory Services LLC raised its stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 69.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,846 shares of the company’s stock after purchasing an additional 15,076 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in T. Rowe Price Floating Rate ETF were worth $1,896,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TFLR. Goldman Sachs Group Inc. purchased a new stake in shares of T. Rowe Price Floating Rate ETF during the 1st quarter worth approximately $472,000. Jane Street Group LLC acquired a new position in T. Rowe Price Floating Rate ETF in the first quarter valued at $3,173,000. Luken Investment Analytics LLC boosted its stake in T. Rowe Price Floating Rate ETF by 67.0% in the second quarter. Luken Investment Analytics LLC now owns 24,881 shares of the company’s stock valued at $1,280,000 after acquiring an additional 9,984 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in shares of T. Rowe Price Floating Rate ETF by 16.2% during the second quarter. Clear Creek Financial Management LLC now owns 7,900 shares of the company’s stock worth $406,000 after purchasing an additional 1,104 shares during the last quarter. Finally, Financial Connections Group Inc. increased its position in shares of T. Rowe Price Floating Rate ETF by 24.0% during the second quarter. Financial Connections Group Inc. now owns 2,067 shares of the company’s stock worth $106,000 after purchasing an additional 400 shares in the last quarter.

T. Rowe Price Floating Rate ETF Price Performance

T. Rowe Price Floating Rate ETF stock opened at $51.11 on Friday. T. Rowe Price Floating Rate ETF has a fifty-two week low of $48.65 and a fifty-two week high of $52.17. The stock has a 50-day simple moving average of $51.46 and a 200-day simple moving average of $51.51.

T. Rowe Price Floating Rate ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a $0.2743 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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. Rowe Price.