Cetera Investment Advisers Buys New Shares in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

Cetera Investment Advisers bought a new stake in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,850 shares of the company’s stock, valued at approximately $507,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. acquired a new stake in T. Rowe Price QM U.S. Bond ETF during the first quarter valued at approximately $507,000. Jane Street Group LLC lifted its stake in T. Rowe Price QM U.S. Bond ETF by 174.6% during the fourth quarter. Jane Street Group LLC now owns 33,368 shares of the company’s stock valued at $1,397,000 after purchasing an additional 21,217 shares during the last quarter. Towerpoint Wealth LLC acquired a new stake in T. Rowe Price QM U.S. Bond ETF during the first quarter valued at approximately $1,562,000. Finally, Price T Rowe Associates Inc. MD acquired a new stake in T. Rowe Price QM U.S. Bond ETF during the fourth quarter valued at approximately $2,693,000. 1.86% of the stock is owned by institutional investors and hedge funds.

T. Rowe Price QM U.S. Bond ETF Price Performance

TAGG stock opened at $42.66 on Friday. T. Rowe Price QM U.S. Bond ETF has a 12 month low of $41.41 and a 12 month high of $44.66. The firm has a 50 day simple moving average of $42.50 and a 200 day simple moving average of $42.43. The firm has a market cap of $1.42 billion, a PE ratio of 34.46 and a beta of 0.26.

T. Rowe Price QM U.S. Bond ETF Company Profile

The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities.