Independent Financial Group LLC Buys New Position in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Independent Financial Group LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 38,347 shares of the company’s stock, valued at approximately $1,908,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN grew 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 in the last quarter. 1620 Investment Advisors Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% in the 4th quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock worth $126,000 after buying an additional 601 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter worth approximately $180,000. Sanctuary Advisors LLC purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter worth approximately $210,000. Finally, Encompass More Asset Management bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter valued at approximately $212,000.

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

Shares of NYSEARCA:TBUX opened at $49.89 on Monday. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.14. The company has a market capitalization of $1.27 billion, a PE ratio of 34.13 and a beta of 0.03. The business has a fifty day moving average price of $49.85 and a two-hundred day moving average price of $49.86.

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.