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

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUXGet Free Report) shares saw an uptick in trading volume on Monday . 547,711 shares traded hands during trading, an increase of 157% from the previous session’s volume of 212,811 shares.The stock last traded at $49.94 and had previously closed at $49.93.

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

The firm has a market capitalization of $1.30 billion, a PE ratio of 34.13 and a beta of 0.03. The firm’s fifty day moving average price is $49.85 and its 200 day moving average price is $49.85.

Institutional Inflows and Outflows

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

About T. Rowe Price Ultra Short-Term Bond ETF

(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.

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