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) shares saw strong trading volume on Tuesday . 276,063 shares were traded during mid-day trading, an increase of 39% from the previous session’s volume of 198,004 shares.The stock last traded at $49.86 and had previously closed at $49.83.

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

The firm has a market cap of $1.23 billion, a P/E ratio of 34.13 and a beta of 0.03. The stock’s 50 day simple moving average is $49.84 and its 200 day simple moving average is $49.85.

Institutional Investors Weigh In On T. Rowe Price Ultra Short-Term Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. ARS Wealth Advisors Group LLC raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 103.3% in the 4th quarter. ARS Wealth Advisors Group LLC now owns 2,650,978 shares of the company’s stock worth $132,151,000 after acquiring an additional 1,346,915 shares during the last quarter. Raymond James Financial Inc. increased its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 17.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,082,877 shares of the company’s stock worth $53,971,000 after purchasing an additional 162,426 shares in the last quarter. Focus Financial Network Inc. increased its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% during the 2nd quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock worth $22,863,000 after purchasing an additional 415,054 shares in the last quarter. Members Advisory Group LLC purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter worth approximately $17,648,000. Finally, Osaic Holdings Inc. raised its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 56.0% in the fourth quarter. Osaic Holdings Inc. now owns 285,698 shares of the company’s stock worth $14,245,000 after purchasing an additional 102,613 shares during 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.