Turning Point Benefit Group Inc. Purchases New Position in T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR)

Turning Point Benefit Group Inc. purchased a new stake in shares of T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,665 shares of the company’s stock, valued at approximately $708,000. T. Rowe Price Floating Rate ETF comprises approximately 0.7% of Turning Point Benefit Group Inc.’s holdings, making the stock its 22nd largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. bought a new position in T. Rowe Price Floating Rate ETF during the third quarter valued at approximately $64,000. OLD Second National Bank of Aurora lifted its stake in shares of T. Rowe Price Floating Rate ETF by 58.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 1,837 shares of the company’s stock valued at $95,000 after purchasing an additional 678 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF in the 4th quarter valued at approximately $182,000. Kingsview Wealth Management LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF in the 4th quarter valued at approximately $208,000. Finally, Clear Creek Financial Management LLC bought a new stake in shares of T. Rowe Price Floating Rate ETF in the 4th quarter valued at approximately $243,000.

T. Rowe Price Floating Rate ETF Stock Up 0.2 %

NYSEARCA:TFLR opened at $51.86 on Friday. T. Rowe Price Floating Rate ETF has a 1 year low of $50.82 and a 1 year high of $52.40. The business has a 50 day simple moving average of $51.80 and a 200-day simple moving average of $51.75.

T. Rowe Price Floating Rate ETF 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.