Sei Investments Co. Takes $65.20 Million Position in T. Rowe Price Floating Rate ETF $TFLR

Sei Investments Co. acquired a new stake in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,294,767 shares of the company’s stock, valued at approximately $65,199,000. Sei Investments Co. owned 11.53% of T. Rowe Price Floating Rate ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of TFLR. Goldman Sachs Group Inc. purchased a new stake in T. Rowe Price Floating Rate ETF in the 1st quarter worth approximately $472,000. Jane Street Group LLC purchased a new position in shares of T. Rowe Price Floating Rate ETF during the 1st quarter worth $3,173,000. EverSource Wealth Advisors LLC acquired a new stake in shares of T. Rowe Price Floating Rate ETF during the second quarter worth $122,000. Raymond James Financial Inc. boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 46.7% during the second quarter. Raymond James Financial Inc. now owns 8,371 shares of the company’s stock worth $431,000 after purchasing an additional 2,665 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of T. Rowe Price Floating Rate ETF by 239.2% during the third quarter. Bank of America Corp DE now owns 205,174 shares of the company’s stock worth $10,557,000 after purchasing an additional 144,684 shares during the last quarter.

T. Rowe Price Floating Rate ETF Stock Down 0.2%

Shares of NYSEARCA:TFLR opened at $50.72 on Friday. T. Rowe Price Floating Rate ETF has a 52 week low of $49.77 and a 52 week high of $51.84. The business has a fifty day simple moving average of $50.68 and a 200-day simple moving average of $50.82.

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. Rowe Price.