T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as $49.60 and last traded at $49.6050, with a volume of 47518 shares changing hands. The stock had previously closed at $49.77.
T. Rowe Price Ultra Short-Term Bond ETF Stock Down 0.3%
The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The company’s 50 day moving average is $49.83 and its 200 day moving average is $49.83.
Institutional Investors Weigh In On T. Rowe Price Ultra Short-Term Bond ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in TBUX. Focus Financial Network Inc. grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% during the second quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock worth $22,863,000 after buying an additional 415,054 shares in the last quarter. MCF Advisors LLC grew its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 0.4% during the 2nd quarter. MCF Advisors LLC now owns 423,617 shares of the company’s stock worth $21,083,000 after purchasing an additional 1,799 shares in the last quarter. Members Advisory Group LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter worth $17,648,000. William John Sempolinski bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the second quarter worth $15,702,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in T. Rowe Price Ultra Short-Term Bond ETF by 7.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 207,477 shares of the company’s stock worth $10,343,000 after buying an additional 15,166 shares in the last quarter.
T. Rowe Price Ultra Short-Term Bond ETF Company 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.
Recommended Stories
- Five stocks we like better than T. Rowe Price Ultra Short-Term Bond ETF
- Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Receive News & Ratings for T. Rowe Price Ultra Short-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Ultra Short-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
