Commonwealth Equity Services LLC Lowers Holdings in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Commonwealth Equity Services LLC lowered its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 51.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 114,162 shares of the company’s stock after selling 122,132 shares during the period. Commonwealth Equity Services LLC owned about 0.82% of T. Rowe Price Ultra Short-Term Bond ETF worth $5,690,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Stratos Wealth Advisors LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 2nd quarter worth approximately $262,000. Janney Montgomery Scott LLC lifted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 9.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 85,540 shares of the company’s stock valued at $4,255,000 after purchasing an additional 7,170 shares during the period. Octavia Wealth Advisors LLC purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth $351,000. Walker Financial Services Inc. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 1,615.6% during the second quarter. Walker Financial Services Inc. now owns 83,258 shares of the company’s stock worth $4,141,000 after buying an additional 78,405 shares in the last quarter. Finally, Sovran Advisors LLC grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 1,950.4% during the second quarter. Sovran Advisors LLC now owns 99,547 shares of the company’s stock valued at $4,953,000 after buying an additional 94,692 shares during the period.

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

Shares of T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.92 on Thursday. The firm has a 50-day simple moving average of $49.89 and a two-hundred day simple moving average of $49.87. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $49.44 and a fifty-two week high of $50.05. The company has a market cap of $832.17 million, a P/E ratio of 34.13 and a beta of 0.03.

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.