Turner Financial Group Inc. Buys New Stake in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Turner Financial Group Inc. purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 26,234 shares of the company’s stock, valued at approximately $1,306,000. T. Rowe Price Ultra Short-Term Bond ETF makes up about 1.3% of Turner Financial Group Inc.’s holdings, making the stock its 14th largest position.

A number of other institutional investors also recently bought and sold shares of the business. World Investment Advisors lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.3% during the first quarter. World Investment Advisors now owns 7,166 shares of the company’s stock worth $357,000 after purchasing an additional 230 shares during the last quarter. 1620 Investment Advisors Inc. raised its holdings in 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 purchasing an additional 601 shares in the last quarter. Heritage Wealth Management Inc. raised its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 8.8% during the first quarter. Heritage Wealth Management Inc. now owns 14,365 shares of the company’s stock worth $715,000 after purchasing an additional 1,165 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 75,500.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,512 shares of the company’s stock worth $75,000 after buying an additional 1,510 shares during the last quarter. Finally, Concorde Asset Management LLC lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 43.3% during the 4th quarter. Concorde Asset Management LLC now owns 6,599 shares of the company’s stock worth $329,000 after buying an additional 1,994 shares during the last quarter.

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

NYSEARCA TBUX opened at $49.80 on Friday. The firm’s fifty day moving average price is $49.84 and its 200 day moving average price is $49.84. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.14.

About T. Rowe Price Ultra Short-Term Bond ETF

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.