T. Rowe Price Ultra Short-Term Bond ETF $TBUX Stock Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. increased its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 4.0% in the third quarter, HoldingsChannel reports. The firm owned 477,557 shares of the company’s stock after purchasing an additional 18,189 shares during the quarter. T. Rowe Price Ultra Short-Term Bond ETF accounts for approximately 0.7% of Focus Financial Network Inc.’s holdings, making the stock its 26th biggest holding. Focus Financial Network Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $23,672,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TBUX. Citadel Advisors LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 205.3% during the 2nd quarter. Citadel Advisors LLC now owns 110,063 shares of the company’s stock valued at $5,478,000 after buying an additional 74,018 shares in the last quarter. William John Sempolinski bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 2nd quarter worth about $15,702,000. Ameritas Advisory Services LLC increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 177.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 40,321 shares of the company’s stock worth $2,007,000 after acquiring an additional 25,808 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 153.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 164,710 shares of the company’s stock worth $8,198,000 after acquiring an additional 99,606 shares in the last quarter. Finally, Stephens Inc. AR lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 92.8% during the 1st quarter. Stephens Inc. AR now owns 25,550 shares of the company’s stock valued at $1,271,000 after acquiring an additional 12,300 shares during the period.

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

Shares of TBUX opened at $49.73 on Wednesday. The stock has a market cap of $1.88 billion, a PE ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $49.56 and a fifty-two week high of $50.14. The firm’s 50-day simple moving average is $49.78 and its two-hundred day simple moving average is $49.81.

T. Rowe Price Ultra Short-Term Bond ETF 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.