Focus Financial Network Inc. Boosts Stock Position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Focus Financial Network Inc. lifted its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 44.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,091 shares of the company’s stock after purchasing an additional 2,500 shares during the quarter. Focus Financial Network Inc. owned about 0.10% of T. Rowe Price Ultra Short-Term Bond ETF worth $402,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 25.7% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 24,498 shares of the company’s stock worth $1,214,000 after purchasing an additional 5,005 shares during the period. Principal Securities Inc. purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth about $37,000. Strategic Financial Concepts LLC lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 20.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 266,741 shares of the company’s stock worth $13,223,000 after buying an additional 45,437 shares during the period. Allworth Financial LP purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth about $479,000. Finally, 3EDGE Asset Management LP lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 99.0% in the fourth quarter. 3EDGE Asset Management LP now owns 186,241 shares of the company’s stock worth $9,232,000 after buying an additional 92,674 shares during the period.

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

TBUX stock opened at $49.79 on Friday. The firm has a market capitalization of $470.52 million, a price-to-earnings ratio of 34.13 and a beta of 0.03. The firm has a 50 day moving average price of $49.69 and a 200-day moving average price of $49.70. T. Rowe Price Ultra Short-Term Bond ETF has a 52-week low of $49.34 and a 52-week high of $50.29.

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.