T. Rowe Price Floating Rate ETF $TFLR Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its position in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) by 353.4% in the third quarter, HoldingsChannel.com reports. The fund owned 25,826 shares of the company’s stock after purchasing an additional 20,130 shares during the period. Prospera Financial Services Inc’s holdings in T. Rowe Price Floating Rate ETF were worth $1,329,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TFLR. EverSource Wealth Advisors LLC purchased a new stake in T. Rowe Price Floating Rate ETF during the second quarter worth about $122,000. TD Waterhouse Canada Inc. boosted its stake in shares of T. Rowe Price Floating Rate ETF by 37.8% in the second quarter. TD Waterhouse Canada Inc. now owns 2,860 shares of the company’s stock valued at $147,000 after purchasing an additional 785 shares during the period. Cranbrook Wealth Management LLC grew its holdings in shares of T. Rowe Price Floating Rate ETF by 35.3% in the third quarter. Cranbrook Wealth Management LLC now owns 3,102 shares of the company’s stock valued at $160,000 after purchasing an additional 810 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new stake in T. Rowe Price Floating Rate ETF during the 3rd quarter worth approximately $273,000. Finally, D.A. Davidson & CO. purchased a new position in T. Rowe Price Floating Rate ETF in the 2nd quarter valued at approximately $308,000.

T. Rowe Price Floating Rate ETF Stock Performance

NYSEARCA:TFLR opened at $50.97 on Friday. T. Rowe Price Floating Rate ETF has a 52 week low of $48.65 and a 52 week high of $52.17. The company has a fifty day simple moving average of $51.40 and a two-hundred day simple moving average of $51.46.

T. Rowe Price Floating Rate ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a dividend of $0.2743 per share. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 6.5%.

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.