Wealth Enhancement Advisory Services LLC Increases Stake in T. Rowe Price Floating Rate ETF $TFLR

Wealth Enhancement Advisory Services LLC raised its position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 13.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 21,770 shares of the company’s stock after purchasing an additional 2,645 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.33% of T. Rowe Price Floating Rate ETF worth $1,122,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in T. Rowe Price Floating Rate ETF in the 4th quarter valued at $1,259,000. Cambridge Investment Research Advisors Inc. lifted its holdings in T. Rowe Price Floating Rate ETF by 96.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 31,385 shares of the company’s stock valued at $1,602,000 after purchasing an additional 15,371 shares in the last quarter. Luken Investment Analytics LLC lifted its holdings in T. Rowe Price Floating Rate ETF by 324.2% in the 1st quarter. Luken Investment Analytics LLC now owns 14,897 shares of the company’s stock valued at $760,000 after purchasing an additional 11,385 shares in the last quarter. SteelPeak Wealth LLC lifted its holdings in T. Rowe Price Floating Rate ETF by 28.7% in the 1st quarter. SteelPeak Wealth LLC now owns 196,790 shares of the company’s stock valued at $10,044,000 after purchasing an additional 43,837 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in T. Rowe Price Floating Rate ETF by 9.6% in the 1st quarter. Allworth Financial LP now owns 6,021 shares of the company’s stock valued at $307,000 after purchasing an additional 528 shares in the last quarter.

T. Rowe Price Floating Rate ETF Stock Performance

Shares of TFLR stock opened at $51.48 on Thursday. The stock’s fifty day moving average is $51.57 and its two-hundred day moving average is $51.30. T. Rowe Price Floating Rate ETF has a fifty-two week low of $48.65 and a fifty-two week high of $52.40.

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.