Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Get Free Report) saw an uptick in trading volume on Wednesday . 664,669 shares traded hands during trading, an increase of 219% from the previous session’s volume of 208,509 shares.The stock last traded at $49.83 and had previously closed at $49.81.
T. Rowe Price Ultra Short-Term Bond ETF Stock Performance
The company’s fifty day simple moving average is $49.84 and its two-hundred day simple moving average is $49.85. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 75,500.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,512 shares of the company’s stock valued at $75,000 after acquiring an additional 1,510 shares during the last quarter. 1620 Investment Advisors Inc. lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 31.1% during the fourth quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock worth $126,000 after purchasing an additional 601 shares during the last quarter. Steward Partners Investment Advisory LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth $180,000. Sanctuary Advisors LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth $210,000. Finally, Encompass More Asset Management bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at $212,000.
About T. Rowe Price Ultra Short-Term Bond ETF
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.
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