T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $41.14 and last traded at $41.13, with a volume of 15576 shares traded. The stock had previously closed at $41.40.
T. Rowe Price QM U.S. Bond ETF Stock Performance
The stock has a market cap of $2.62 billion, a PE ratio of 34.46 and a beta of 0.25. The company’s 50-day moving average price is $41.80 and its 200 day moving average price is $42.29.
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 purchased a new position in shares of T. Rowe Price QM U.S. Bond ETF during the 2nd quarter worth $149,000. Citadel Advisors LLC increased 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 worth $2,375,000 after purchasing an additional 34,321 shares in the last quarter. Kickstand Ventures LLC. purchased a new stake in shares of T. Rowe Price QM U.S. Bond ETF in the 2nd quarter worth $23,887,000. Cetera Investment Advisers raised its holdings in T. Rowe Price QM U.S. Bond ETF by 61.8% in the 1st quarter. Cetera Investment Advisers now owns 80,487 shares of the company’s stock worth $3,429,000 after purchasing an additional 30,739 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in T. Rowe Price QM U.S. Bond ETF by 97.1% in the 1st quarter. Bank of New York Mellon Corp now owns 167,517 shares of the company’s stock worth $7,136,000 after purchasing an additional 82,515 shares during the period. 1.86% of the stock is owned by hedge funds and other institutional investors.
About T. Rowe Price QM U.S. Bond ETF
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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