WESPAC Advisors LLC Invests $584,000 in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

WESPAC Advisors LLC purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 11,721 shares of the company’s stock, valued at approximately $584,000. WESPAC Advisors LLC owned 0.07% of T. Rowe Price Ultra Short-Term Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the first quarter valued at about $448,000. NewEdge Advisors LLC purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 1st quarter valued at approximately $496,000. Northwestern Mutual Wealth Management Co. boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 88.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 174,999 shares of the company’s stock worth $8,704,000 after purchasing an additional 81,986 shares during the period. Raymond James Financial Inc. grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 22.2% during the 2nd quarter. Raymond James Financial Inc. now owns 920,451 shares of the company’s stock worth $45,783,000 after purchasing an additional 167,250 shares in the last quarter. Finally, Jane Street Group LLC grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 163.0% during the 2nd quarter. Jane Street Group LLC now owns 83,368 shares of the company’s stock worth $4,147,000 after purchasing an additional 51,669 shares in the last quarter.

T. Rowe Price Ultra Short-Term Bond ETF Price Performance

TBUX opened at $49.69 on Monday. The firm has a market capitalization of $873.55 million, a P/E ratio of 34.13 and a beta of 0.03. The stock has a fifty day moving average of $49.88 and a 200-day moving average of $49.89. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.44 and a 12-month high of $50.05.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.1662 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

T. Rowe Price Ultra Short-Term Bond ETF Profile

The T. Rowe Price Ultra Short-Term Bond ETF (TBUX) is an exchange-traded fund. The ETF currently has 53.48m in AUM and 293 holdings. TBUX is an actively-managed fund that invests in a diversified portfolio of investment-grade fixed income securities, targeting an effective duration of 1.5 years or less. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.