Commonwealth Equity Services LLC Boosts Stock Position in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Commonwealth Equity Services LLC raised its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 14.3% in the 4th quarter, Holdings Channel reports. The fund owned 130,441 shares of the company’s stock after acquiring an additional 16,279 shares during the quarter. Commonwealth Equity Services LLC’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $6,502,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. raised its stake in 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 acquiring an additional 601 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $180,000. Sanctuary Advisors LLC purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $210,000. Encompass More Asset Management purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $212,000. Finally, Planning Directions Inc. purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $216,000.

T. Rowe Price Ultra Short-Term Bond ETF Trading Down 0.1%

Shares of TBUX stock opened at $49.79 on Friday. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The stock has a 50 day simple moving average of $49.82 and a 200-day simple moving average of $49.87. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.64 and a 12-month high of $50.14.

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.