Heritage Wealth Management Inc. Acquires New Shares in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Heritage Wealth Management Inc. acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,200 shares of the company’s stock, valued at approximately $658,000. Heritage Wealth Management Inc. owned approximately 0.08% of T. Rowe Price Ultra Short-Term Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. United Advisor Group LLC raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.9% in the fourth quarter. United Advisor Group LLC now owns 18,077 shares of the company’s stock valued at $901,000 after acquiring an additional 339 shares in the last quarter. Old Port Advisors raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 4.9% in the fourth quarter. Old Port Advisors now owns 7,340 shares of the company’s stock valued at $366,000 after acquiring an additional 340 shares in the last quarter. Altfest L J & Co. Inc. raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 12.4% in the third quarter. Altfest L J & Co. Inc. now owns 4,527 shares of the company’s stock valued at $226,000 after acquiring an additional 500 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 4.7% in the third quarter. Geneos Wealth Management Inc. now owns 13,719 shares of the company’s stock valued at $684,000 after acquiring an additional 619 shares in the last quarter. Finally, Savvy Advisors Inc. raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 6.7% in the fourth quarter. Savvy Advisors Inc. now owns 10,004 shares of the company’s stock valued at $499,000 after acquiring an additional 632 shares in the last quarter.

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

TBUX stock opened at $49.83 on Friday. The business has a 50-day moving average price of $49.85 and a 200 day moving average price of $49.88. The company has a market capitalization of $1.10 billion, a P/E ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 1-year low of $49.53 and a 1-year high of $50.05.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.1662 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, February 24th.

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. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.