Commonwealth Equity Services LLC Takes Position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

Commonwealth Equity Services LLC bought a new stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 6,366 shares of the company’s stock, valued at approximately $328,000. Commonwealth Equity Services LLC owned 0.24% of T. Rowe Price Floating Rate ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TFLR. OLD Second National Bank of Aurora acquired a new stake in T. Rowe Price Floating Rate ETF in the first quarter valued at approximately $77,000. Fifth Third Securities Inc. purchased a new stake in T. Rowe Price Floating Rate ETF in the 2nd quarter worth $204,000. Ameritas Advisory Services LLC purchased a new stake in T. Rowe Price Floating Rate ETF in the 2nd quarter worth $266,000. River Street Advisors LLC acquired a new position in T. Rowe Price Floating Rate ETF during the first quarter worth $294,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in T. Rowe Price Floating Rate ETF by 7.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,177 shares of the company’s stock valued at $577,000 after purchasing an additional 730 shares in the last quarter.

T. Rowe Price Floating Rate ETF Price Performance

TFLR stock opened at $51.82 on Tuesday. T. Rowe Price Floating Rate ETF has a 52 week low of $50.43 and a 52 week high of $52.20. The firm has a 50-day simple moving average of $51.64 and a 200-day simple moving average of $51.73.

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.