T. Rowe Price Ultra Short-Term Bond ETF $TBUX Stock Acquired by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 1,107.1% in the third quarter, Holdings Channel.com reports. The firm owned 16,900 shares of the company’s stock after acquiring an additional 15,500 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $838,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. World Investment Advisors raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.3% during the first quarter. World Investment Advisors now owns 7,166 shares of the company’s stock worth $357,000 after purchasing an additional 230 shares during the period. MCF Advisors LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 0.4% in the 2nd quarter. MCF Advisors LLC now owns 423,617 shares of the company’s stock valued at $21,083,000 after purchasing an additional 1,799 shares during the last quarter. Trademark Financial Management LLC grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 24.4% during the 3rd quarter. Trademark Financial Management LLC now owns 10,450 shares of the company’s stock valued at $518,000 after buying an additional 2,049 shares during the period. Farther Finance Advisors LLC grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 13.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 22,531 shares of the company’s stock valued at $1,117,000 after buying an additional 2,592 shares during the period. Finally, Capital Analysts LLC grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 373.3% during the 2nd quarter. Capital Analysts LLC now owns 4,506 shares of the company’s stock valued at $224,000 after buying an additional 3,554 shares during the period.

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

TBUX stock opened at $49.61 on Thursday. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The business has a fifty day simple moving average of $49.75 and a 200-day simple moving average of $49.83. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $49.56 and a 52 week high of $50.14.

About T. Rowe Price Ultra Short-Term Bond ETF

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.