T. Rowe Price Ultra Short-Term Bond ETF $TBUX Shares Acquired by Harfst & Associates Inc.

Harfst & Associates Inc. lifted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 221.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 188,219 shares of the company’s stock after buying an additional 129,745 shares during the quarter. T. Rowe Price Ultra Short-Term Bond ETF makes up approximately 1.7% of Harfst & Associates Inc.’s investment portfolio, making the stock its 9th largest position. Harfst & Associates Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $9,383,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. 1620 Investment Advisors Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% during the fourth quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock worth $126,000 after buying an additional 601 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $210,000. Encompass More Asset Management acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $212,000. Planning Directions Inc. acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $216,000. Finally, Catalyst Financial Partners LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $249,000.

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

Shares of TBUX opened at $49.82 on Wednesday. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $49.64 and a fifty-two week high of $50.14. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The firm has a 50-day simple moving average of $49.82 and a 200-day simple moving average of $49.87.

T. Rowe Price Ultra Short-Term Bond ETF 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.