Savvy Advisors Inc. Raises Stock Holdings in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

Savvy Advisors Inc. lifted its holdings in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 7.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,382 shares of the company’s stock after buying an additional 787 shares during the quarter. Savvy Advisors Inc.’s holdings in T. Rowe Price QM U.S. Bond ETF were worth $477,000 at the end of the most recent quarter.

Separately, Farther Finance Advisors LLC increased its stake in shares of T. Rowe Price QM U.S. Bond ETF by 40.7% during the fourth quarter. Farther Finance Advisors LLC now owns 2,940 shares of the company’s stock valued at $123,000 after buying an additional 850 shares during the period. 1.86% of the stock is owned by institutional investors and hedge funds.

T. Rowe Price QM U.S. Bond ETF Stock Up 0.6 %

Shares of T. Rowe Price QM U.S. Bond ETF stock opened at $42.33 on Tuesday. The business has a 50 day moving average of $42.52 and a 200 day moving average of $42.44. T. Rowe Price QM U.S. Bond ETF has a 52 week low of $40.95 and a 52 week high of $44.66. The company has a market cap of $520.66 million, a PE ratio of 34.66 and a beta of 0.30.

T. Rowe Price QM U.S. Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th were given a $0.1399 dividend. This is a boost from T. Rowe Price QM U.S. Bond ETF’s previous dividend of $0.12. The ex-dividend date was Wednesday, March 26th.

About T. Rowe Price QM U.S. Bond ETF

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.