T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Sees Large Volume Increase – What’s Next?

Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) saw an uptick in trading volume on Tuesday . 335,315 shares changed hands during trading, an increase of 74% from the previous session’s volume of 192,496 shares.The stock last traded at $49.8750 and had previously closed at $49.87.

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

The company has a market cap of $864.33 million, a P/E ratio of 34.13 and a beta of 0.03. The firm’s fifty day moving average is $49.89 and its two-hundred day moving average is $49.88.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were given a dividend of $0.1744 per share. The ex-dividend date was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Investors Weigh In On T. Rowe Price Ultra Short-Term Bond ETF

Several large investors have recently bought and sold shares of TBUX. ARS Wealth Advisors Group LLC boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 103.3% during the fourth quarter. ARS Wealth Advisors Group LLC now owns 2,650,978 shares of the company’s stock worth $132,151,000 after buying an additional 1,346,915 shares during the period. Raymond James Financial Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 17.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,082,877 shares of the company’s stock worth $53,971,000 after purchasing an additional 162,426 shares during the period. Strategic Financial Concepts LLC raised its position in T. Rowe Price Ultra Short-Term Bond ETF by 6.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 293,952 shares of the company’s stock worth $14,642,000 after purchasing an additional 17,637 shares during the period. Jones Financial Companies Lllp raised its position in T. Rowe Price Ultra Short-Term Bond ETF by 70.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 231,536 shares of the company’s stock worth $11,530,000 after purchasing an additional 95,708 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 9.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 192,311 shares of the company’s stock valued at $9,585,000 after buying an additional 17,312 shares during the period.

About T. Rowe Price Ultra Short-Term Bond ETF

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.