Cetera Investment Advisers Buys 18,270 Shares of T. Rowe Price QM U.S. Bond ETF $TAGG

Cetera Investment Advisers boosted its position in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 154.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,120 shares of the company’s stock after acquiring an additional 18,270 shares during the period. Cetera Investment Advisers owned 0.09% of T. Rowe Price QM U.S. Bond ETF worth $1,285,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of T. Rowe Price QM U.S. Bond ETF by 37.5% in the second quarter. Envestnet Asset Management Inc. now owns 16,298 shares of the company’s stock worth $696,000 after purchasing an additional 4,448 shares in the last quarter. D.A. Davidson & CO. bought a new position in T. Rowe Price QM U.S. Bond ETF in the 2nd quarter worth $1,159,000. Towerpoint Wealth LLC boosted its holdings in T. Rowe Price QM U.S. Bond ETF by 374.4% in the 2nd quarter. Towerpoint Wealth LLC now owns 173,125 shares of the company’s stock worth $7,388,000 after buying an additional 136,632 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in T. Rowe Price QM U.S. Bond ETF by 24,840.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,037,888 shares of the company’s stock worth $686,402,000 after buying an additional 15,973,584 shares in the last quarter. Hedge funds and other institutional investors own 1.86% of the company’s stock.

T. Rowe Price QM U.S. Bond ETF Stock Up 0.1%

Shares of T. Rowe Price QM U.S. Bond ETF stock opened at $43.12 on Wednesday. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 34.46 and a beta of 0.27. The stock’s 50-day simple moving average is $43.25 and its 200-day simple moving average is $42.82. T. Rowe Price QM U.S. Bond ETF has a 52 week low of $41.41 and a 52 week high of $44.66.

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

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.