T. Rowe Price Ultra Short-Term Bond ETF $TBUX Shares Bought by Professional Financial Management Inc.

Professional Financial Management Inc. increased its stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 61.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 165,750 shares of the company’s stock after purchasing an additional 63,158 shares during the period. T. Rowe Price Ultra Short-Term Bond ETF makes up 8.4% of Professional Financial Management Inc.’s holdings, making the stock its 3rd biggest holding. Professional Financial Management Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $8,216,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Peterson Wealth Advisors LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the third quarter worth about $38,290,000. Harfst & Associates Inc. acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the third quarter worth about $28,959,000. Focus Financial Network Inc. increased its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% in the 2nd quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock valued at $22,863,000 after buying an additional 415,054 shares during the period. Members Advisory Group LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 1st quarter valued at about $17,648,000. Finally, William John Sempolinski bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 2nd quarter valued at about $15,702,000.

T. Rowe Price Ultra Short-Term Bond ETF Trading Up 0.1%

Shares of NYSEARCA:TBUX opened at $49.78 on Friday. The firm has a 50 day moving average of $49.77 and a 200-day moving average of $49.81. The stock has a market capitalization of $1.95 billion, a PE ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 12 month low of $49.56 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.