My Personal CFO LLC Makes New Investment in T. Rowe Price Floating Rate ETF $TFLR

My Personal CFO LLC purchased a new stake in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) during the fourth quarter, Holdings Channel reports. The firm purchased 149,999 shares of the company’s stock, valued at approximately $7,711,000. T. Rowe Price Floating Rate ETF makes up approximately 3.2% of My Personal CFO LLC’s portfolio, making the stock its 8th biggest position.

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

T. Rowe Price Floating Rate ETF Stock Up 0.3%

Shares of TFLR stock opened at $50.36 on Wednesday. The business’s fifty day simple moving average is $50.79 and its 200-day simple moving average is $51.24. T. Rowe Price Floating Rate ETF has a 12-month low of $48.65 and a 12-month high of $51.90.

T. Rowe Price Floating Rate ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were paid a dividend of $0.2552 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date was Tuesday, February 24th.

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.