T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Short Interest Update

T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 23,954 shares, a decrease of 75.9% from the May 31st total of 99,295 shares. Based on an average daily trading volume, of 117,168 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of T. Rowe Price QM U.S. Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its stake in 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 valued at $1,396,982,000 after purchasing an additional 1,842,191 shares during the period. Towerpoint Wealth LLC boosted its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 9.0% in the 4th quarter. Towerpoint Wealth LLC now owns 291,145 shares of the company’s stock worth $12,531,000 after buying an additional 23,931 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of 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 during the last quarter. Cetera Investment Advisers boosted its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 61.8% in the 1st quarter. Cetera Investment Advisers now owns 80,487 shares of the company’s stock worth $3,429,000 after buying an additional 30,739 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in T. Rowe Price QM U.S. Bond ETF by 573.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 32,524 shares of the company’s stock valued at $1,400,000 after buying an additional 27,694 shares during the period. 1.86% of the stock is currently owned by institutional investors.

T. Rowe Price QM U.S. Bond ETF Stock Up 0.1%

NYSEARCA:TAGG traded up $0.05 during trading hours on Monday, hitting $42.66. 139,001 shares of the company traded hands, compared to its average volume of 207,723. The firm’s 50-day simple moving average is $42.48 and its 200-day simple moving average is $42.85. T. Rowe Price QM U.S. Bond ETF has a one year low of $41.96 and a one year high of $43.72. The company has a market cap of $1.89 billion, a PE ratio of 34.46 and a beta of 0.25.

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.