584,210 Shares in T. Rowe Price Ultra Short-Term Bond ETF $TBUX Bought by Harfst & Associates Inc.

Harfst & Associates Inc. bought a new position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the third quarter, according to its most recent filing with the SEC. The firm bought 584,210 shares of the company’s stock, valued at approximately $28,959,000. T. Rowe Price Ultra Short-Term Bond ETF makes up 5.5% of Harfst & Associates Inc.’s investment portfolio, making the stock its 4th largest holding.

Other hedge funds have also bought and sold shares of the company. Peterson Wealth Advisors LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF in the 3rd quarter valued at $38,290,000. Focus Financial Network Inc. raised its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% during the second 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 during the last quarter. Members Advisory Group LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter valued at $17,648,000. William John Sempolinski bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the second quarter valued at $15,702,000. Finally, ARS Wealth Advisors Group LLC lifted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 4.7% in the third quarter. ARS Wealth Advisors Group LLC now owns 3,733,512 shares of the company’s stock valued at $185,070,000 after buying an additional 169,223 shares in the last quarter.

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

Shares of NYSEARCA TBUX opened at $49.73 on Wednesday. The stock has a market capitalization of $1.90 billion, a P/E ratio of 34.13 and a beta of 0.03. The company has a 50-day moving average price of $49.77 and a 200-day moving average price of $49.81. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.56 and a 1 year high of $50.14.

T. Rowe Price Ultra Short-Term Bond ETF Company 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.