ARS Wealth Advisors Group LLC Purchases 1,346,915 Shares of T. Rowe Price Ultra Short-Term Bond ETF $TBUX

ARS Wealth Advisors Group LLC raised its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 103.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,650,978 shares of the company’s stock after buying an additional 1,346,915 shares during the period. T. Rowe Price Ultra Short-Term Bond ETF comprises 11.9% of ARS Wealth Advisors Group LLC’s investment portfolio, making the stock its biggest position. ARS Wealth Advisors Group LLC owned approximately 16.16% of T. Rowe Price Ultra Short-Term Bond ETF worth $132,151,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 22.2% in the second quarter. Raymond James Financial Inc. now owns 920,451 shares of the company’s stock valued at $45,783,000 after acquiring an additional 167,250 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 70.5% during the third quarter. Jones Financial Companies Lllp now owns 231,536 shares of the company’s stock worth $11,530,000 after purchasing an additional 95,708 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 88.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 174,999 shares of the company’s stock valued at $8,704,000 after purchasing an additional 81,986 shares during the last quarter. Harfst & Associates Inc. acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 3rd quarter valued at $2,914,000. Finally, Sovran Advisors LLC lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 52.2% in the 3rd quarter. Sovran Advisors LLC now owns 151,475 shares of the company’s stock valued at $7,547,000 after purchasing an additional 51,928 shares in the last quarter.

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

Shares of TBUX opened at $49.84 on Wednesday. T. Rowe Price Ultra Short-Term Bond ETF has a 52-week low of $49.44 and a 52-week high of $50.05. The stock has a market cap of $876.19 million, a PE ratio of 34.13 and a beta of 0.03. The firm’s fifty day moving average is $49.89 and its two-hundred day moving average is $49.90.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were given a dividend of $0.1662 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.