T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) saw unusually-strong trading volume on Tuesday. Approximately 177,418 shares changed hands during trading, a decline of 32% from the previous session’s volume of 260,201 shares. The stock last traded at $49.7050 and had previously closed at $49.70.

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

The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The firm’s fifty day moving average is $49.78 and its two-hundred day moving average is $49.81.

Institutional Trading of T. Rowe Price Ultra Short-Term Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. YHB Investment Advisors Inc. acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 3rd quarter worth approximately $209,000. Capital Analysts LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 373.3% in the second quarter. Capital Analysts LLC now owns 4,506 shares of the company’s stock valued at $224,000 after acquiring an additional 3,554 shares in the last quarter. Nicolet Advisory Services LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter valued at approximately $285,000. Benchmark Financial LLC acquired a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the first quarter valued at approximately $286,000. Finally, Triumph Capital Management increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 317.7% during the second quarter. Triumph Capital Management now owns 6,725 shares of the company’s stock valued at $335,000 after acquiring an additional 5,115 shares during the period.

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.