T. Rowe Price Intermediate Municipal Income ETF (TAXE) to Issue Monthly Dividend of $0.16 on February 26th

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) declared a monthly dividend on Monday, February 23rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, February 24th will be given a dividend of 0.1582 per share on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Tuesday, February 24th.

T. Rowe Price Intermediate Municipal Income ETF Price Performance

Shares of NASDAQ:TAXE opened at $51.90 on Wednesday. The company’s fifty day moving average price is $51.48 and its 200-day moving average price is $51.03. T. Rowe Price Intermediate Municipal Income ETF has a one year low of $48.64 and a one year high of $52.02.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TAXE. Jane Street Group LLC boosted its holdings in T. Rowe Price Intermediate Municipal Income ETF by 12.5% in the second quarter. Jane Street Group LLC now owns 9,536 shares of the company’s stock valued at $474,000 after acquiring an additional 1,062 shares in the last quarter. Truist Financial Corp lifted its position in shares of T. Rowe Price Intermediate Municipal Income ETF by 57.1% in the 4th quarter. Truist Financial Corp now owns 7,153 shares of the company’s stock worth $366,000 after purchasing an additional 2,599 shares during the period. Magnolia Capital Advisors LLC bought a new stake in T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter valued at approximately $204,000. Kestra Advisory Services LLC purchased a new position in T. Rowe Price Intermediate Municipal Income ETF during the fourth quarter valued at $220,000. Finally, Envestnet Asset Management Inc. purchased a new position in T. Rowe Price Intermediate Municipal Income ETF during the third quarter valued at $231,000.

About T. Rowe Price Intermediate Municipal Income ETF

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.