T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $41.15 and last traded at $41.26, with a volume of 257772 shares trading hands. The stock had previously closed at $41.26.
T. Rowe Price QM U.S. Bond ETF Trading Down 0.0%
The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 34.46 and a beta of 0.25. The company has a 50 day moving average price of $41.87 and a 200 day moving average price of $42.35.
Institutional Trading of T. Rowe Price QM U.S. Bond ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TAGG. Integrated Wealth Concepts LLC bought a new stake in T. Rowe Price QM U.S. Bond ETF during the 2nd quarter worth about $149,000. Citadel Advisors LLC boosted its stake in shares of T. Rowe Price QM U.S. Bond ETF by 158.9% in the 2nd quarter. Citadel Advisors LLC now owns 55,918 shares of the company’s stock valued at $2,375,000 after purchasing an additional 34,321 shares during the last quarter. Kickstand Ventures LLC. acquired a new stake in shares of T. Rowe Price QM U.S. Bond ETF during the 2nd quarter worth approximately $23,887,000. Cetera Investment Advisers grew its position in shares of T. Rowe Price QM U.S. Bond ETF by 61.8% during the 1st quarter. Cetera Investment Advisers now owns 80,487 shares of the company’s stock worth $3,429,000 after buying an additional 30,739 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of T. Rowe Price QM U.S. Bond ETF by 97.1% during the first quarter. Bank of New York Mellon Corp now owns 167,517 shares of the company’s stock worth $7,136,000 after buying an additional 82,515 shares during the last quarter. 1.86% of the stock is currently owned by institutional investors and hedge funds.
T. Rowe Price QM U.S. Bond ETF Company Profile
The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities. TAGG was launched on Sep 28, 2021 and is managed by T. Rowe Price.
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