63,158 T. Rowe Price Ultra Short-Term Bond ETF $TBUX Shares Bought by Professional Financial Management Inc.

Professional Financial Management Inc. lifted its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 61.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 165,750 shares of the company’s stock after buying an additional 63,158 shares during the quarter. T. Rowe Price Ultra Short-Term Bond ETF comprises approximately 8.4% of Professional Financial Management Inc.’s holdings, making the stock its 3rd biggest position. Professional Financial Management Inc. owned approximately 0.43% of T. Rowe Price Ultra Short-Term Bond ETF worth $8,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. YHB Investment Advisors Inc. bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the third quarter worth $209,000. Capital Analysts LLC increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 373.3% during the 2nd quarter. Capital Analysts LLC now owns 4,506 shares of the company’s stock worth $224,000 after purchasing an additional 3,554 shares during the last quarter. Benchmark Financial LLC acquired a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 1st quarter worth about $286,000. Triumph Capital Management increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 317.7% during the 2nd quarter. Triumph Capital Management now owns 6,725 shares of the company’s stock worth $335,000 after purchasing an additional 5,115 shares during the last quarter. Finally, World Investment Advisors bought a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $346,000.

T. Rowe Price Ultra Short-Term Bond ETF Trading Up 0.1%

Shares of NYSEARCA TBUX opened at $49.78 on Friday. The company has a market capitalization of $1.95 billion, a P/E ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 12 month low of $49.56 and a 12 month high of $50.14. The stock has a 50 day moving average of $49.77 and a 200-day moving average of $49.81.

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.