T. Rowe Price Ultra Short-Term Bond ETF $TBUX Shares Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 936.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 459,368 shares of the company’s stock after buying an additional 415,054 shares during the period. T. Rowe Price Ultra Short-Term Bond ETF accounts for about 0.7% of Focus Financial Network Inc.’s holdings, making the stock its 26th largest holding. Focus Financial Network Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $22,863,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 75,500.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,512 shares of the company’s stock worth $75,000 after buying an additional 1,510 shares in the last quarter. 1620 Investment Advisors Inc. raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% in the fourth quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock worth $126,000 after acquiring an additional 601 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter valued at $180,000. Sanctuary Advisors LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $210,000. Finally, Encompass More Asset Management purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $212,000.

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

T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.85 on Monday. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.61 and a 12-month high of $50.14. The stock has a market capitalization of $1.30 billion, a P/E ratio of 34.13 and a beta of 0.03. The firm’s 50-day moving average is $49.84 and its two-hundred day moving average is $49.85.

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.