Royal Bank of Canada Reduces Stock Holdings in T. Rowe Price Floating Rate ETF $TFLR

Royal Bank of Canada reduced its position in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 88.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,072 shares of the company’s stock after selling 16,153 shares during the period. Royal Bank of Canada’s holdings in T. Rowe Price Floating Rate ETF were worth $105,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Sei Investments Co. acquired a new position in T. Rowe Price Floating Rate ETF in the 1st quarter valued at about $65,199,000. Castle Wealth Management LLC increased its holdings in shares of T. Rowe Price Floating Rate ETF by 4.6% during the 1st quarter. Castle Wealth Management LLC now owns 266,687 shares of the company’s stock worth $13,430,000 after buying an additional 11,748 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of T. Rowe Price Floating Rate ETF by 3,012.0% during the 3rd quarter. Raymond James Financial Inc. now owns 260,507 shares of the company’s stock worth $13,404,000 after buying an additional 252,136 shares during the last quarter. Cetera Investment Advisers raised its position in shares of T. Rowe Price Floating Rate ETF by 11.4% during the 1st quarter. Cetera Investment Advisers now owns 245,133 shares of the company’s stock valued at $12,345,000 after buying an additional 25,100 shares during the period. Finally, Bank of America Corp DE raised its position in shares of T. Rowe Price Floating Rate ETF by 239.2% during the 3rd quarter. Bank of America Corp DE now owns 205,174 shares of the company’s stock valued at $10,557,000 after buying an additional 144,684 shares during the period.

T. Rowe Price Floating Rate ETF Trading Up 0.1%

TFLR opened at $50.71 on Tuesday. T. Rowe Price Floating Rate ETF has a one year low of $49.77 and a one year high of $51.78. The business’s 50 day moving average price is $50.63 and its 200 day moving average price is $50.68.

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. Rowe Price.