Cetera Investment Advisers Makes New Investment in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Cetera Investment Advisers bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 27,409 shares of the company’s stock, valued at approximately $1,361,000. Cetera Investment Advisers owned about 0.33% of T. Rowe Price Ultra Short-Term Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of TBUX. MidAtlantic Capital Management Inc. grew its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.6% during the 1st quarter. MidAtlantic Capital Management Inc. now owns 24,882 shares of the company’s stock worth $1,235,000 after acquiring an additional 384 shares during the period. United Advisor Group LLC lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 3.8% in the 1st quarter. United Advisor Group LLC now owns 11,757 shares of the company’s stock valued at $584,000 after acquiring an additional 430 shares in the last quarter. Wayfinding Financial LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 1st quarter valued at approximately $25,000. Savvy Advisors Inc. lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 8.2% in the 4th quarter. Savvy Advisors Inc. now owns 8,171 shares of the company’s stock valued at $405,000 after acquiring an additional 622 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 19.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,006 shares of the company’s stock valued at $298,000 after buying an additional 987 shares during the period.

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

NYSEARCA TBUX opened at $49.85 on Monday. The business’s fifty day moving average price is $49.79 and its 200-day moving average price is $49.72. The stock has a market capitalization of $525.92 million, a price-to-earnings ratio of 34.13 and a beta of 0.02. T. Rowe Price Ultra Short-Term Bond ETF has a 1-year low of $49.41 and a 1-year 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.