Elm3 Financial Group LLC Sells 993 Shares of T. Rowe Price U.S. High Yield ETF $THYF

Elm3 Financial Group LLC decreased its stake in shares of T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) by 2.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 33,880 shares of the company’s stock after selling 993 shares during the period. T. Rowe Price U.S. High Yield ETF accounts for 1.5% of Elm3 Financial Group LLC’s investment portfolio, making the stock its 15th largest position. Elm3 Financial Group LLC owned about 0.23% of T. Rowe Price U.S. High Yield ETF worth $1,770,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of T. Rowe Price U.S. High Yield ETF by 19.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 94,092 shares of the company’s stock valued at $4,833,000 after buying an additional 15,147 shares during the period. Strategic Financial Concepts LLC increased its stake in T. Rowe Price U.S. High Yield ETF by 14.3% in the 1st quarter. Strategic Financial Concepts LLC now owns 79,401 shares of the company’s stock worth $4,079,000 after acquiring an additional 9,920 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of T. Rowe Price U.S. High Yield ETF in the 1st quarter valued at about $365,000. Souders Financial Advisors boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 11.2% during the 1st quarter. Souders Financial Advisors now owns 157,492 shares of the company’s stock valued at $8,090,000 after acquiring an additional 15,917 shares during the last quarter. Finally, PFG Advisors boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 44.5% during the 1st quarter. PFG Advisors now owns 23,311 shares of the company’s stock valued at $1,197,000 after acquiring an additional 7,174 shares during the last quarter.

T. Rowe Price U.S. High Yield ETF Trading Down 0.1%

THYF stock opened at $52.43 on Tuesday. The company’s 50 day moving average is $52.46 and its 200 day moving average is $51.82. The stock has a market cap of $783.83 million, a price-to-earnings ratio of 20.41 and a beta of 0.68. T. Rowe Price U.S. High Yield ETF has a 1-year low of $49.03 and a 1-year high of $52.98.

T. Rowe Price U.S. High Yield ETF Profile

The T. Rowe Price U.S. High Yield ETF (THYF) is an exchange-traded fund. The ETF currently has 21.58m in AUM and 110 holdings. THYF is actively managed to hold a broad portfolio of US high-yield corporate bonds of any maturity. THYF was launched on Oct 25, 2022 and is managed by T. Rowe Price.