Kickstand Ventures LLC. Purchases Shares of 562,513 T. Rowe Price QM U.S. Bond ETF $TAGG

Kickstand Ventures LLC. purchased a new stake in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 562,513 shares of the company’s stock, valued at approximately $23,887,000. T. Rowe Price QM U.S. Bond ETF comprises approximately 4.4% of Kickstand Ventures LLC.’s portfolio, making the stock its 4th biggest position. Kickstand Ventures LLC. owned about 1.01% of T. Rowe Price QM U.S. Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Cetera Investment Advisers raised its stake in T. Rowe Price QM U.S. Bond ETF by 61.8% in the first quarter. Cetera Investment Advisers now owns 80,487 shares of the company’s stock valued at $3,429,000 after purchasing an additional 30,739 shares in the last quarter. Bank of New York Mellon Corp grew its stake 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 buying an additional 82,515 shares in the last quarter. Fifth Third Bancorp purchased a new position in T. Rowe Price QM U.S. Bond ETF in the 1st quarter worth approximately $511,000. Price T Rowe Associates Inc. MD increased its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 6.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,329,744 shares of the company’s stock worth $1,396,982,000 after buying an additional 1,842,191 shares during the last quarter. Finally, GeoWealth Management LLC bought a new position in shares of T. Rowe Price QM U.S. Bond ETF in the 4th quarter worth $292,000. Hedge funds and other institutional investors own 1.86% of the company’s stock.

T. Rowe Price QM U.S. Bond ETF Stock Performance

NYSEARCA TAGG opened at $41.69 on Friday. T. Rowe Price QM U.S. Bond ETF has a 52-week low of $41.59 and a 52-week high of $43.72. The company has a market capitalization of $2.32 billion, a P/E ratio of 34.46 and a beta of 0.25. The company has a fifty day moving average of $42.04 and a 200-day moving average of $42.48.

T. Rowe Price QM U.S. Bond ETF Company Profile

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.