True Wealth Design LLC Reduces Stock Position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

True Wealth Design LLC lowered its stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 6.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,363 shares of the company’s stock after selling 3,129 shares during the quarter. T. Rowe Price Floating Rate ETF accounts for 0.8% of True Wealth Design LLC’s portfolio, making the stock its 11th largest position. True Wealth Design LLC owned about 1.57% of T. Rowe Price Floating Rate ETF worth $2,190,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of TFLR. OLD Second National Bank of Aurora boosted its stake in shares of T. Rowe Price Floating Rate ETF by 58.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 1,837 shares of the company’s stock worth $95,000 after acquiring an additional 678 shares during the last quarter. MidAtlantic Capital Management Inc. increased its holdings in T. Rowe Price Floating Rate ETF by 63.9% in the 4th quarter. MidAtlantic Capital Management Inc. now owns 2,021 shares of the company’s stock valued at $104,000 after acquiring an additional 788 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in T. Rowe Price Floating Rate ETF in the 4th quarter valued at $182,000. Kingsview Wealth Management LLC bought a new stake in T. Rowe Price Floating Rate ETF in the 4th quarter valued at $208,000. Finally, Cetera Investment Advisers bought a new stake in T. Rowe Price Floating Rate ETF in the 4th quarter valued at $241,000.

T. Rowe Price Floating Rate ETF Trading Up 0.1%

Shares of NYSEARCA TFLR opened at $51.49 on Friday. The firm’s fifty day moving average is $50.85 and its two-hundred day moving average is $51.46. T. Rowe Price Floating Rate ETF has a 52-week low of $48.65 and a 52-week high of $52.40.

T. Rowe Price Floating Rate ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were issued a $0.3128 dividend. The ex-dividend date was Wednesday, March 26th. This is an increase from T. Rowe Price Floating Rate ETF’s previous dividend of $0.27.

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.