T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Sees Large Volume Increase – Here’s What Happened

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 177,418 shares changed hands during trading, a decline of 32% from the previous session’s volume of 260,201 shares. The stock last traded at $49.7050 and had previously closed at $49.70.

T. Rowe Price Ultra Short-Term Bond ETF Stock Up 0.0%

The firm’s 50-day moving average price is $49.78 and its 200 day moving average price is $49.81. The firm has a market cap of $1.79 billion, a P/E ratio of 34.13 and a beta of 0.03.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 13.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 22,531 shares of the company’s stock valued at $1,117,000 after acquiring an additional 2,592 shares during the period. YHB Investment Advisors Inc. bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 3rd quarter valued at $209,000. Peterson Wealth Advisors LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 3rd quarter valued at $38,290,000. Envestnet Asset Management Inc. boosted its position in T. Rowe Price Ultra Short-Term Bond ETF by 153.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 164,710 shares of the company’s stock worth $8,198,000 after acquiring an additional 99,606 shares during the period. Finally, MCF Advisors LLC boosted its position in 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 acquiring an additional 1,799 shares during the period.

T. Rowe Price Ultra Short-Term Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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