Envestnet Asset Management Inc. Has $2.10 Million Stock Position in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Envestnet Asset Management Inc. lessened its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 30.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,238 shares of the company’s stock after selling 18,174 shares during the quarter. Envestnet Asset Management Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $2,101,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter valued at approximately $41,000. Farther Finance Advisors LLC lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 232.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,524 shares of the company’s stock worth $126,000 after purchasing an additional 1,764 shares during the last quarter. Stratos Wealth Advisors LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF in the 2nd quarter worth approximately $262,000. Napa Wealth Management acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF during the first quarter valued at approximately $285,000. Finally, Kestra Private Wealth Services LLC raised its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 19.7% in the first quarter. Kestra Private Wealth Services LLC now owns 6,006 shares of the company’s stock valued at $298,000 after purchasing an additional 987 shares during the period.

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

NYSEARCA TBUX opened at $49.90 on Tuesday. The company has a fifty day simple moving average of $49.91 and a 200 day simple moving average of $49.83. The company has a market cap of $711.08 million, a P/E ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.41 and a 1 year high of $50.11.

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.