T. Rowe Price Intermediate Municipal Income ETF $TAXE Position Increased by Landmark Wealth Management LLC

Landmark Wealth Management LLC grew its holdings in T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) by 575.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,162 shares of the company’s stock after buying an additional 28,253 shares during the quarter. Landmark Wealth Management LLC’s holdings in T. Rowe Price Intermediate Municipal Income ETF were worth $1,606,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TAXE. Private Advisor Group LLC lifted its stake in T. Rowe Price Intermediate Municipal Income ETF by 35.8% during the first quarter. Private Advisor Group LLC now owns 8,150 shares of the company’s stock worth $413,000 after purchasing an additional 2,150 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in T. Rowe Price Intermediate Municipal Income ETF during the second quarter valued at approximately $424,000. KFG Wealth Management LLC bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 2nd quarter valued at approximately $623,000. Cetera Investment Advisers bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 1st quarter valued at approximately $2,279,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 3rd quarter valued at approximately $2,236,000.

T. Rowe Price Intermediate Municipal Income ETF Price Performance

Shares of TAXE opened at $50.43 on Monday. T. Rowe Price Intermediate Municipal Income ETF has a 1 year low of $48.04 and a 1 year high of $52.03. The stock has a 50 day simple moving average of $49.37 and a 200-day simple moving average of $50.70.

T. Rowe Price Intermediate Municipal Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 29th. Shareholders of record on Tuesday, October 27th were given a $0.1448 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.4%. This is a negative change from T. Rowe Price Intermediate Municipal Income ETF’s previous monthly dividend of $0.1555. The ex-dividend date was Tuesday, October 27th.

About T. Rowe Price Intermediate Municipal Income ETF

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.