T. Rowe Price Floating Rate ETF $TFLR Shares Sold by 4J Wealth Management LLC

4J Wealth Management LLC trimmed its position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 25.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 149,231 shares of the company’s stock after selling 49,626 shares during the period. T. Rowe Price Floating Rate ETF makes up approximately 4.4% of 4J Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. 4J Wealth Management LLC owned 1.61% of T. Rowe Price Floating Rate ETF worth $7,671,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Spire Wealth Management bought a new position in T. Rowe Price Floating Rate ETF in the fourth quarter valued at $380,000. Dynamic Advisor Solutions LLC lifted its position in T. Rowe Price Floating Rate ETF by 81.6% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 17,786 shares of the company’s stock worth $914,000 after buying an additional 7,994 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in T. Rowe Price Floating Rate ETF by 43.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 52,770 shares of the company’s stock worth $2,720,000 after acquiring an additional 15,924 shares in the last quarter. Occidental Asset Management LLC acquired a new position in T. Rowe Price Floating Rate ETF during the fourth quarter valued at approximately $499,000. Finally, Insight Wealth Strategies LLC boosted its position in T. Rowe Price Floating Rate ETF by 5.8% during the fourth quarter. Insight Wealth Strategies LLC now owns 483,518 shares of the company’s stock valued at $24,855,000 after purchasing an additional 26,309 shares during the last quarter.

T. Rowe Price Floating Rate ETF Stock Performance

TFLR stock opened at $50.19 on Tuesday. T. Rowe Price Floating Rate ETF has a twelve month low of $48.65 and a twelve month high of $51.90. The business has a 50 day moving average price of $50.82 and a two-hundred day moving average price of $51.25.

T. Rowe Price Floating Rate ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were issued a $0.2552 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

About T. Rowe Price Floating Rate ETF

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.