T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Plans Monthly Dividend of $0.16

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) announced a monthly dividend on Tuesday, August 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 26th will be paid a dividend of 0.1618 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Wednesday, August 26th. This is a 1.0% increase from T. Rowe Price Intermediate Municipal Income ETF’s previous monthly dividend of $0.16.

T. Rowe Price Intermediate Municipal Income ETF Stock Down 0.4%

TAXE stock traded down $0.19 during mid-day trading on Wednesday, hitting $50.37. The company had a trading volume of 14,587 shares, compared to its average volume of 19,844. The company has a 50-day moving average price of $50.88 and a 200 day moving average price of $51.13. T. Rowe Price Intermediate Municipal Income ETF has a 12-month low of $49.79 and a 12-month high of $52.03.

Institutional Investors Weigh In On T. Rowe Price Intermediate Municipal Income ETF

A number of hedge funds have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in T. Rowe Price Intermediate Municipal Income ETF by 12.5% during the 2nd quarter. Jane Street Group LLC now owns 9,536 shares of the company’s stock valued at $474,000 after buying an additional 1,062 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of T. Rowe Price Intermediate Municipal Income ETF by 35.8% during the 1st quarter. Private Advisor Group LLC now owns 8,150 shares of the company’s stock worth $413,000 after acquiring an additional 2,150 shares in the last quarter. Truist Financial Corp boosted its position in shares of T. Rowe Price Intermediate Municipal Income ETF by 57.1% during the 4th quarter. Truist Financial Corp now owns 7,153 shares of the company’s stock valued at $366,000 after acquiring an additional 2,599 shares during the last quarter. Magnolia Capital Advisors LLC bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter valued at approximately $204,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter valued at $220,000.

T. Rowe Price Intermediate Municipal Income ETF Company Profile

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.