T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Stock Price Up 0.1% – Time to Buy?

Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) traded up 0.1% on Monday . The stock traded as high as $49.88 and last traded at $49.88. 170,140 shares were traded during trading, a decline of 24% from the average session volume of 223,264 shares. The stock had previously closed at $49.83.

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

The business’s 50-day simple moving average is $49.90 and its two-hundred day simple moving average is $49.90. The firm has a market capitalization of $876.89 million, a price-to-earnings ratio of 34.13 and a beta of 0.03.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were issued a $0.1662 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, February 24th.

Institutional Trading of T. Rowe Price Ultra Short-Term Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 70.5% in the third quarter. Jones Financial Companies Lllp now owns 231,536 shares of the company’s stock valued at $11,530,000 after buying an additional 95,708 shares in the last quarter. Harfst & Associates Inc. purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 3rd quarter valued at $2,914,000. ARS Wealth Advisors Group LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF during the 3rd quarter worth about $64,994,000. Walker Financial Services Inc. lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 26.5% during the 3rd quarter. Walker Financial Services Inc. now owns 105,336 shares of the company’s stock worth $5,250,000 after acquiring an additional 22,078 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 88.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 174,999 shares of the company’s stock valued at $8,704,000 after acquiring an additional 81,986 shares during the period.

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.