Turner Financial Group Inc. Buys Shares of 26,234 T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Turner Financial Group Inc. purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,234 shares of the company’s stock, valued at approximately $1,306,000. T. Rowe Price Ultra Short-Term Bond ETF makes up about 1.3% of Turner Financial Group Inc.’s investment portfolio, making the stock its 14th largest holding. Turner Financial Group Inc. owned approximately 0.10% of T. Rowe Price Ultra Short-Term Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. lifted its stake in 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 acquiring an additional 162,426 shares in the last quarter. Focus Financial Network Inc. lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% during the 2nd quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock worth $22,863,000 after buying an additional 415,054 shares in the last quarter. Members Advisory Group LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 1st quarter worth approximately $17,648,000. Osaic Holdings Inc. boosted its position in T. Rowe Price Ultra Short-Term Bond ETF by 56.0% in the 4th quarter. Osaic Holdings Inc. now owns 285,698 shares of the company’s stock valued at $14,245,000 after buying an additional 102,613 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in T. Rowe Price Ultra Short-Term Bond ETF by 7.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 207,477 shares of the company’s stock valued at $10,343,000 after buying an additional 15,166 shares during the period.

T. Rowe Price Ultra Short-Term Bond ETF Stock Up 0.0%

NYSEARCA:TBUX opened at $49.80 on Friday. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $49.61 and a 52 week high of $50.14. The company has a fifty day simple moving average of $49.84 and a two-hundred day simple moving average of $49.84. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03.

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.